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    OFF-MARKET
    Land

    0 Hosta Ave, Sioux Falls, SD 57110

    2.17 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 2.17 ac (94,525 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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