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    OFF-MARKET
    Land

    2524 58Th St, Sioux Falls, SD 57104

    15.14 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 15.14 ac (659,498 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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