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Property profile & analytics
OFF-MARKET
Land

10th Ave Watertown, SD 57201

9.59 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 9.59 ac (417,740 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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