Canton SD USA Innovation St Canton, SD 57013
This exceptional 4.62-acre parcel in Canton, South Dakota's thriving Canton Industrial Park presents a remarkable opportunity for commercial or industrial development. Strategically located on West Innovation Street, this South Dakota Certified Ready Site offers unparalleled access to Highway 18, providing convenient connections to I-29 and the growing community of Canton. The property is zoned for heavy industrial, light industrial, research & development, business services, and rural business park uses, ensuring versatility for a wide range of projects. Priced at $2.35 per square foot, totaling $472,930, this land boasts readily available city water, sewer, and electricity, simplifying development. The site benefits from a prime location just 9 miles from I-29 exit 62 and 17 miles south of Sioux Falls, ensuring excellent connectivity and accessibility. Attractive incentives are available, including a 5-year property tax abatement (20/40/60/80/100) on new construction and a local sales tax rebate program. Utilities are provided by the City of Canton (water and wastewater), Xcel Energy and Southeastern Electric Cooperative (electricity), SDN Communications (telecom), and MidAmerican Energy (natural gas). The sale is subject to Canton Economic Development Corporation (CEDC) approval. APN: 200.52.15.400. This is an ideal location for businesses seeking expansion or new development in a dynamic and supportive 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
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.