SD Leucadia Trl Sioux Fls Sioux Falls, SD 57110
This exceptional Sioux Falls property offers a unique investment opportunity encompassing multiple development possibilities. Located on Leucadia Trail in Minnehaha County, zip code 57110, this land parcel is strategically situated near South Veterans Parkway in a rapidly growing area of the city. The property is divided into three distinct sections, each zoned for a specific use and priced accordingly. One 1.22-acre parcel is designated Live-Work (LW), priced at $9.00 per square foot. A second parcel, spanning 4.99 acres, is zoned RA-1 Residential (multi-family), offered at $8.00 per square foot. Finally, a 3.22-acre section is zoned RD-1 Residential (twinhome), available at $6.00 per square foot. The total acreage available is between 1.22 and 9.43 acres. All parcels benefit from convenient access to city utilities. The property will be delivered rough-graded and fully prepared for immediate development. Its prime location offers easy access to major transportation arteries, including proximity to Madison Street (half a mile), Interstate 90 (3 miles), and Dawley Farm (1.5 miles). This presents a rare chance to capitalize on the thriving Sioux Falls real estate market. The flexible zoning and build-ready condition make this an ideal investment for developers seeking diverse project options.
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.