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Property profile & analytics
OFF-MARKET
Land

2nd Addition Rauville, SD 57201

Property ID
Property summary
AI-generated overview

This exceptional 206,474 square foot commercial land parcel is located in Watertown, South Dakota, specifically Lot 1 & Lot 2 Centerpointe 2nd Addition, and is priced at $3,144,599.02, or $15.23 per square foot. Situated conveniently along Highway 212, a major transportation corridor, this property offers unparalleled access and visibility for businesses. Its strategic location provides easy access to a variety of amenities, making it an ideal site for a wide range of commercial ventures. The 3.39-acre lot presents a unique opportunity for developers and entrepreneurs seeking a prime location to establish a thriving business. The property's size and location make it suitable for a variety of commercial uses, offering significant potential for return on investment. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with excellent access and visibility. The property's potential for growth and development is significant, making it an attractive investment for those seeking a strong foothold in the Watertown commercial market. The land is ready for development, presenting a blank canvas for a visionary project. Don't miss this chance to secure a prime piece of commercial real estate in a thriving South Dakota community.

Property profile
Verified
Property type Land
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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