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Property profile & analytics
OFF-MARKET
Land

I-29 And Marion Rd Sioux Falls, SD 57107

35,283 SF
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire mixed-use land in Sioux Falls, South Dakota's premier Lake Lorraine development. This vibrant community, situated near I-29 and the Empire Mall, boasts a diverse mix of retail, hotels, residential, and Class A office space, all centered around a 33-acre lake with walking paths. Several parcels are available, ranging from 21,613 to 71,360 square feet, with flexible zoning (PO-PUD) allowing for adaptable development. Land prices vary from $15 to $25 per square foot, depending on the specific parcel and size. Several parcels are currently available, with sizes ranging from approximately 35,000 to over 70,000 square feet. The established success of Lake Lorraine, featuring prominent tenants such as HomeGoods, DSW, Dave & Buster's, and a Hyatt Place hotel, demonstrates the strong market demand and potential for future growth. This location offers unparalleled access to major transportation arteries and a thriving retail corridor. The master plan's flexibility allows for customization to suit various project needs. Contact us today to explore the available options and secure your place in this thriving community. Specific parcel sizes and pricing are available upon request.

Property profile
Verified
Property type Land
Total area 35,283 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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