Property profile

5 Pilot Way Hereford, SD 57719

OFF-MARKET
Land
1.07 ac lot
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Property summary

AI-generated overview

This exceptional 1.07-acre commercial lot in Box Elder, South Dakota, presents a remarkable investment opportunity. Located in the Leitzke Subdivision, this property boasts a highly desirable location just north of Interstate 90, offering unparalleled visibility and accessibility. Neighboring established businesses such as McDonald's and Starbucks ensure high traffic volume and a strong customer base. The lot is situated on the west side of Liberty Boulevard, within a new subdivision, providing convenient access and excellent exposure. The property is zoned for Highway Service use, allowing for a variety of commercial ventures (specific permitted uses are detailed in Appendix A of associated documents). Infrastructure is already in place, including paved roads, curbs, gutters, and utilities stubbed to the lot line. The lot is fully surveyed and platted, ensuring a smooth and efficient development process. This turnkey opportunity is priced at $499,000 and includes all completed infrastructure improvements, expected to be finalized by 2025. Don't miss this chance to secure a prime commercial location in a thriving area.

Property profile

Verified
Property type Land
Lot 1.07 ac (46,609 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Pilot Way Hereford, SD 57719
Hereford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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