Property summary
This exceptional 15.14-acre industrial land parcel is located at 2524 W. 58th Street N in Sioux Falls, South Dakota, zip code 57104. The property is zoned I-1, providing flexibility for a variety of industrial uses. The asking price is $2,572,043.76, translating to a land value of $4.50 per square foot. This represents a significant opportunity for developers and businesses seeking a strategic location in a thriving area. The property's convenient location offers easy access to major transportation routes, enhancing logistical efficiency. Furthermore, the potential exists to expand the property significantly. An additional 9.9 acres of adjacent land to the south are available for acquisition, presenting a unique opportunity to increase the overall size and development potential of this already substantial parcel. This property is situated within an Opportunity Zone, potentially offering attractive tax advantages for qualified investors. This prime industrial land presents a compelling investment opportunity in a rapidly growing market. Don't miss this chance to secure a substantial footprint in Sioux Falls' dynamic industrial sector. The property is situated in Minnehaha County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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