0 Hosta Ave, Sioux Falls, SD 57110
This exceptional 2.17-acre commercial land parcel presents a remarkable investment opportunity in the thriving southeast Sioux Falls market. Located at the intersection of East 57th Street and South Hosta Avenue, this property boasts excellent visibility and accessibility, situated conveniently on the north side of 57th Street, just east of Plains Commerce Bank. The land is already platted, simplifying the development process, and is sewerable, eliminating a significant hurdle for future construction. The land value is priced competitively at $15 per square foot. This strategic location offers significant potential for a variety of commercial uses, capitalizing on the high traffic volume and strong commercial presence in the immediate vicinity. The lot's size and configuration also allow for the possibility of subdivision, providing flexibility for developers seeking to create multiple commercial sites. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial land parcel in one of Sioux Falls' most desirable areas. The property is located in Minnehaha County, South Dakota, with a zip code of 57110. Don't miss this chance to secure a prime piece of Sioux Falls real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.