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    OFF-MARKET
    Land

    0 57Th St, Sioux Falls, SD 57108

    3.81 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.81-acre commercial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota's rapidly expanding southeast sector. Strategically located at the highly visible intersection of 57th Street and Bahnson Avenue, this property boasts a Live/Work (Office) zoning designation, ideal for a diverse range of commercial ventures. The land is priced at $12 per square foot. Situated minutes from Veterans Parkway, this location offers unparalleled access to major transportation routes, ensuring convenient commuting and logistics for businesses and employees. The area is experiencing significant growth, with nearby established developments such as Dawley Farm Village, Sundance Village, and 81 Gardens, attracting a strong demographic profile. City utilities are conveniently located on East Vendavel Street for easy connection. This prime location benefits from high traffic counts, averaging approximately 16,000 vehicles daily on 57th Street and Southeastern Avenue. Furthermore, the property enjoys close proximity to a wealth of amenities, including schools (Sioux Falls Christian School, Horizon Elementary School), parks, shopping centers (Hy-Vee, Starbucks, Walgreens), healthcare facilities, and recreational options (Greatlife, Barrel House, University of Sioux Falls Sports Complex). The nearby Harvest Creek development, a 200-acre project featuring residential and commercial tenants (Dollar Tree, Ace Hardware, Circle K, Dairy Queen, and more), further enhances the area's appeal and potential for future growth. This is an exceptional opportunity to establish a thriving business in a vibrant and rapidly developing community.

    Property profile
    Verified
    Property type Land
    Lot 3.81 ac (165,964 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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