0 Lennox Development Land Lennox, SD 57039
This exceptional 7.36-acre parcel in Lennox, South Dakota, presents a remarkable opportunity for residential development. Located in Lincoln County, with a zip code of 57039, this platted land is zoned for municipality use, offering flexibility for various residential projects. The site has already undergone grading, eliminating significant upfront costs and expediting the development process. This ready-to-build lot is ideal for a variety of residential construction, including single-family homes, duplexes, or multi-family units ranging from four to eightplexes. The approved plat is recorded, streamlining the permitting and construction phases. The property's location in Lennox offers access to local amenities and services, making it an attractive location for potential residents. This is a turnkey opportunity for developers seeking a prime location and a streamlined development process. The asking price for this exceptional property is $250,000. Don't miss this chance to acquire a highly desirable and well-prepared development site in a thriving South Dakota community. Contact us today to learn more and schedule a site visit.
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
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.