2nd Addition Rauville, SD 57201
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.
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
Similar Nearby for Lease
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.