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    OFF-MARKET
    Land

    0 I-29, Sioux Falls, SD 57106

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial development opportunity in Sioux Falls, South Dakota, presents 1 to 12.5 acres of land for sale, priced from $10 to $22 per square foot. Strategically located on busy 12th Street near I-29, this 26.24-acre site boasts unparalleled visibility and accessibility, with impressive traffic counts totaling 106,780 vehicles per day at the intersection of W 12th Street and I-29. The site's concept plan envisions a mixed-use development incorporating restaurants, retail spaces, hotels, and corporate office parks. Currently home to established businesses such as Northern Tool, Silverstar Carwash, and Starbucks, attracting over 540,000 visits in the past year, this location offers immediate access to a thriving market. Its proximity to downtown Sioux Falls (ten minutes) and the Meadows on the River development (five minutes) provides convenient access to two of the city's busiest areas. The surrounding area features numerous amenities, including Sherman Park, the Great Plains Zoo, and several country clubs. Nearby nationally recognized businesses include Taco Bell, Wendy's, Harbor Freight, and Wells Fargo, further solidifying the area's strong commercial presence. This is a rare opportunity to acquire a high-traffic, well-located parcel in a rapidly growing area of Sioux Falls. The property is situated in Minnehaha County, South Dakota, with a zip code of 57106. Detailed delivery and timing information is available upon request.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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