Property summary
This exceptional 1.93-acre commercial property boasts unparalleled visibility and accessibility, situated directly on Highway 79 within the city limits of Hermosa, South Dakota. The level lot presents a unique opportunity for developers and businesses seeking a high-traffic location with excellent exposure. Its strategic placement ensures maximum visibility to a substantial daily volume of vehicles traveling along this major thoroughfare. The property's significant advantage lies in its readily available utilities. Black Hills Electric Coop services are conveniently located nearby, along with city water and sewer connections, simplifying the development process and reducing infrastructure costs. This eliminates the need for extensive utility installations, saving both time and money for future projects. The flat, buildable terrain further enhances the property's appeal, minimizing site preparation expenses and expediting construction timelines. This prime location offers an exceptional opportunity for a wide range of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. Don't miss this chance to secure a highly visible and conveniently located commercial property in a thriving community. The asking price is $275,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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