Current Use by Public Records
- Tubbs of Soft Water / Water Treatment Plant
Property Details for 307 5Th St
- Lot size
- 1.75 lot acres
- Property type
- Land
Description
This exceptional 1.75-acre commercial land parcel presents a unique investment opportunity in the heart of Milbank, South Dakota. Boasting 300 feet of prime frontage along Highway 12, this highly visible location offers unparalleled exposure to a substantial daily traffic volume. Situated in the center of Milbank, a town with a population of 3,512, this property is ideally positioned to capitalize on the existing community and attract new businesses. The property currently features a building, though it requires significant maintenance or demolition, presenting a blank canvas for development tailored to your vision. The substantial lot size allows for flexibility in design and construction, accommodating a single large-scale enterprise or multiple smaller businesses. This central location within Milbank, combined with its prominent highway frontage, makes this an exceptional opportunity for commercial development or redevelopment. The asking price is $1,000,000. The property is located at 307 S 5th St, Milbank, SD 57252, in Grant County. Broker co-op is available.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milbank
- County
- Grant
- State
- South Dakota
- Longitude
- -96.6315
- Latitude
- 45.22
