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    OFF-MARKET
    Commercial real estate

    79 Tbd Hwy, Hermosa, SD 57744

    1.93 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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