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Property profile

2020 Trevi Pl Sioux Falls, SD 57108

OFF-MARKET
Land
1.31 ac lot

Property summary

AI-generated overview

This exceptional 1.31-acre commercial land parcel presents a unique investment opportunity in the thriving Sioux Falls market. Located at the hard corner of W. 85th St. and S. Western Avenue, this C-2 zoned property boasts high visibility and accessibility, situated just off S. Kenton Lane and W. Trevi Place. The asking price is $910,368, translating to $16 per square foot. This strategically positioned lot offers significant potential for a variety of commercial developments. The area is characterized by a strong mix of established businesses and residential communities, creating a vibrant and desirable location. Nearby businesses include Three Fountains One Office Building, The Village at Three Fountains, Baan Dek Montessori, Legacy Law Firm, Top Fitness, Kids-R-Kids Daycare, SoDak Soda, and Your Nurtured Baby, further enhancing the area's appeal and potential for future growth. The 56,898 square foot lot provides ample space for a wide range of commercial ventures, making it an ideal investment for developers and entrepreneurs seeking a prime location in a rapidly growing area of Sioux Falls, South Dakota. The property's address is 2020 Trevi Pl, Sioux Falls, SD 57108, within Lincoln County.

Property profile

Verified
Property type Land
Lot 1.31 ac (57,064 SF)

Cap rate & NOI

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

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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