Property profile

79 Tbd Hwy Hermosa, SD 57744

OFF-MARKET
Commercial real estate
1.93 ac lot
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Lot 1.93 ac (84,071 SF)

Cap rate & NOI

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

Location

79 Tbd Hwy Hermosa, SD 57744
Hermosa 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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