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Property profile & analytics
OFF-MARKET
Land

0 Cor Clf Ave & Willow St Harrisburg, SD 57032

Property ID
Property summary
AI-generated overview

This exceptional commercial land opportunity in Harrisburg, South Dakota, presents a unique investment prospect. Located at the northeast corner of Cliff Avenue and Willow Street, this property boasts a highly desirable location within the heart of Harrisburg's thriving business district. The site offers flexible lot sizes ranging from 59,578 to 92,898 square feet, with the potential for either individual parcel purchases or acquisition of the entire assemblage. Furthermore, the property allows for subdivision, providing adaptability to various development plans. The land is zoned GB (General Business), making it suitable for a wide array of commercial uses, including office and retail spaces. This prime location benefits from its proximity to established businesses such as Fareway Grocery, Ace Hardware, Casey's, and numerous other retail and service providers, ensuring high visibility and accessibility. The area also enjoys the convenience of being adjacent to Foundation Park and Liberty Elementary School, adding to its appeal. Harrisburg itself is experiencing significant growth, with a current population of 9,435 and projected increases to 11,200 by 2025 and 12,000 by 2026, reflecting an impressive annual growth rate of 9.14%. The land's price per square foot ranges from $12 to $16, presenting a compelling investment opportunity in a dynamic and expanding community. This property offers a blend of established infrastructure and future growth potential, making it an attractive proposition for discerning investors seeking a strategic foothold in a rapidly developing market. The zip code is 57032.

Property profile
Verified
Property type Land
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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