0 St 13-110-62Huron, SD 57350

Property Details for 0 St 13-110-62

Lot size

136.75 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Huron

County

Beadle

State

South Dakota

Latitude

44.3375

Longitude

-98.2293

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