2524 58Th St, Sioux Falls, SD 57104
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.
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.