Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Oak Tree Ln - North Sioux City, SD 57049

    • Land
    • 1.00 lot acres
    For Sale
    View listing
    $2,978,415
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Oak Tree Ln -

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering in Dakota Dunes, South Dakota, presents a unique investment opportunity. Located on Oak Tree Lane South, this expansive property encompasses 27.35 acres and boasts over 1,600 feet of highly desirable frontage along Interstate 29. Its strategic location provides unparalleled visibility and accessibility, making it ideal for a variety of commercial developments. The property's zoning permits corporate office use, offering flexibility for potential buyers. Furthermore, its proximity to the prestigious Two Rivers Golf Club adds significant value and enhances its appeal. The land is readily subdividable, with minimum parcel sizes down to one acre, catering to diverse development needs and budgets. Priced at $2.50 per square foot, this represents a compelling value proposition for investors seeking a prime location in a thriving community. The asking price for the entire 27.35-acre parcel is $2,978,415. This property is situated in Union County, South Dakota, with a zip code of 57049. The coordinates are 42.4993215 latitude and -96.4858691 longitude. Don't miss this chance to acquire a premier commercial land asset in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Sioux City
    County
    Union
    State
    South Dakota
    Longitude
    -96.4859
    Latitude
    42.4993

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      Corporate Campus

      Land • 2.00 Acres
      0 Corporate Campus, North Sioux City, SD 57049
      View Details
    • Value Estimation by Request
      2.97 Acres

      Tbd Streeter Dr

      Land • 2.97 Acres
      0 Tbd Streeter Dr, North Sioux City, SD 57049
      View Details
    • Value Estimation by Request
      1.20 Acres

      Sioux Point Rd

      Land • 1.20 Acres
      0 Sioux Point Rd, Dakota Dunes, SD 57049
      View Details
    • Value Estimation by Request
      1.00 Acre

      Two Rivers Dr

      Land • 1.00 Acre
      0 Two Rivers Dr, North Sioux City, SD 57049
      View Details
    • Value Estimation by Request
      1.00 Acre

      Dakota Dunes Oak Tree Ln

      Land • 1.00 Acre
      Dakota Dunes Oak Tree Ln, North Sioux City, SD 57049
      View Details
    • Value Estimation by Request
      1.00 Acre

      3.22 Acres - Sioux Pt Rd

      Land • 1.00 Acre
      0 3.22 Acres - Sioux Pt Rd, Dakota Dunes, SD 57049
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.50 Acres

      Dakota Dunes Commercial Land

      0.5-acre commercial lot, prime location.
      0 Dakota Dunes Blvd, Dakota Dunes, SD 57049
      View Details
    • Contact for pricing
      2.02 Acres

      Prime Dakota Dunes Commercial Land

      2.02 Acres, I-29 Visibility
      0 Oak Tree Ln, North Sioux City, SD 57049
      View Details
    • Contact for pricing
      1.00 Acre

      Dakota Dunes Commercial Land

      Prime SD land, 1-53 acres, ideal location.
      0 Two Rivers Dr, North Sioux City, SD 57049
      View Details
    • Contact for pricing
      1.00 Acre

      Dakota Dunes Commercial Land - 3.22 Acres

      Prime Commercial Land, I-29 Access
      0 3.22 Acres - Sioux Pt Rd, Dakota Dunes, SD 57049
      View Details
    • $1,609,977
      1.20 Acres

      Dakota Dunes Commercial Land Investment

      Prime SD commercial lots, medical hub.
      0 Sioux Point Rd, Dakota Dunes, SD 57049
      View Details
    • Contact for pricing
      2.00 Acres

      Prime Dakota Dunes Land

      20 Acres, Corporate Campus Views
      0 Corporate Campus, North Sioux City, SD 57049
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      1,983 SF

      Retail Space Near Interstate 29

      Highly visible retail space with high traffic and easy access.
      1240-48 River Dr, North Sioux City, SD 57049
      View Details
    • $15 SF/Yr
      8,817 SF

      Retail/Office Space For Lease

      Former retail store suitable for office, medical, or drive-through.
      200 Gold Cir, Dakota Dunes, SD 57049
      View Details
    • $20 SF/Yr
      5,748 SF

      Gold Circle Executive Suites

      Prestigious Dakota Dunes office space.
      400 Gold Cir, Dakota Dunes, SD 57049
      View Details
    • $10 SF/Yr
      380,000 SF

      Renovated Office Space Available

      Move-in ready office spaces with flexible sizes in renovated building.
      300 Centennial Dr, North Sioux City, SD 57049
      View Details
    • $14 SF/Yr
      9,160 SF

      River Drive Office Spaces Available

      High-visibility Union County office suites
      1244-1248 River Dr, North Sioux City, SD 57049
      View Details
    • $10 SF/Yr
      34,940 SF

      River View Corporate Center Office Space

      Dakota Dunes executive office suites available. Modern, renovated space.
      870 Cottonwood Ln, North Sioux City, SD 57049
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Oak Tree Ln -
    North Sioux City, SD 57049
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.