Property profile

0 Cor Benson Rd & Marion Rd Sioux Falls, SD 57107

OFF-MARKET
Land
501,375 SF
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Property summary

AI-generated overview

This exceptional 501,375 square foot commercial land parcel presents a remarkable investment opportunity in the thriving Sioux Falls, South Dakota market. Located at the northwest corner of Benson Road and Marion Road, this property boasts a highly desirable location within Minnehaha County, zip code 57107. The permitted zoning is PO-PUD, offering flexibility for a variety of commercial and multifamily developments. The land is priced at a competitive $8 to $12 per square foot, with platting fees already paid, significantly reducing upfront costs for the buyer. This prime location benefits from exceptional visibility and accessibility, with a combined daily traffic count of 12,380 vehicles per day at the Marion and Benson Road intersection (2019 data). The area is experiencing robust growth and is surrounded by established businesses and institutions, including Southeast Tech Institute, Avera Health, University of South Dakota Community College, Sanford Pentagon, Great Shots, Fleet Farm, and Walmart, ensuring high traffic and strong potential for future development. This property offers a unique chance to capitalize on Sioux Falls' dynamic commercial real estate market. The coordinates are 43.587474386824454 latitude and -96.79107419243248 longitude.

Property profile

Verified
Property type Land
Total area 501,375 SF

Cap rate & NOI

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

Location

Cor Benson Rd & Marion Rd Sioux Falls, SD 57107
Sioux Falls metro
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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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