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Property profile & analytics
OFF-MARKET
Land

0 St 13-110-62 Huron, SD 57350

136.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 136.75-acre parcel presents a remarkable investment opportunity in Huron, South Dakota. Strategically located within city limits, specifically south of 21st Ave SW, north of 27th Ave SW, and between McDonald Ave and Lincoln Ave SW, this property boasts convenient access to city utilities. The land's topography features excellent drainage and a water amenity, making it ideal for residential development. The area is experiencing a significant shortage of affordable housing, creating high demand for new construction. This presents a unique chance to address this need while capitalizing on the property's location within an Opportunity Zone. This designation allows for deferral and potential exclusion of capital gains taxes from both passive and portfolio income sources, enhancing the investment's overall return. The surrounding area is already developed, ensuring seamless integration into the existing community. The asking price of $2,051,250 reflects the property's significant potential and the current market conditions. Recreational amenities would be a valuable addition to this future neighborhood, further increasing its desirability. This is a rare opportunity to acquire a large, well-situated parcel with substantial upside potential in a growing South Dakota community. The property's size and location make it suitable for a variety of development projects, from large-scale residential communities to mixed-use developments. The combination of its prime location, favorable zoning, and Opportunity Zone status makes this a truly exceptional investment.

Property profile
Verified
Property type Land
Lot 136.75 ac (5,956,830 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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