10th Ave Watertown, SD 57201
This exceptional 9.59-acre commercial land parcel presents a unique investment opportunity in Watertown, South Dakota. Located on 10th Ave Southeast, this property boasts a prime location directly adjacent to a Walmart Supercenter, ensuring high visibility and accessibility. The site benefits from its position within a thriving commercial district, surrounded by established retail stores, restaurants, and hotels, guaranteeing significant foot and vehicle traffic. Zoned for commercial use, this versatile land is ideal for a wide range of developments, including retail, hospitality, or mixed-use projects. The asking price is $6,266,106, translating to $15 per square foot. This represents a rare chance to acquire a high-value site in one of Watertown's busiest areas, offering substantial potential for growth and return on investment. The property is situated in Codington County, South Dakota, with a zip code of 57201. This exceptional location, combined with its size and zoning, makes this a truly remarkable opportunity for developers seeking a strategic foothold in a rapidly growing market. The land is ready for immediate development, offering a streamlined path to realizing your commercial vision. Don't miss this chance to secure a prominent position in Watertown's dynamic commercial landscape.
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
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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.