I-29 And Marion Rd Sioux Falls, SD 57107
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.
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.