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Property profile

0 Cliff Ave Sioux Falls, SD 57108

OFF-MARKET
Land
57.21 ac lot

Property summary

AI-generated overview

This exceptional 57.21-acre parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Located in Minnehaha County, near the intersection of Cliff Avenue and 85th Street, this A-1 zoned agricultural and commercial land boasts a prime location within a rapidly expanding area. The property benefits from its proximity to major transportation arteries, including SD HWY-100, which connects to the future Veterans Parkway—a planned roadway mirroring I-229, providing easy access to I-29 and I-90. This strategic positioning ensures high visibility and accessibility for a wide range of commercial developments. The area demonstrates strong economic indicators, with an average household income exceeding $88,968 within a one-mile radius, and is surrounded by established retail businesses such as Walmart, Burger King, McDonald's, and more. Utilities include Lincoln Rural Water and the Lewis & Clark Water source along the southern border. While sewer is not currently available, future annexation is planned. The property is less than a quarter mile from the future Veterans Parkway, currently under construction with an estimated completion date of 2027, and planned overpasses and intersections at I-29 and Cliff Avenue will further enhance connectivity. This land offers significant potential for commercial development, capitalizing on the area's robust growth and convenient location. The asking price is $4,862,850, representing a price per acre of $85,000.

Property profile

Verified
Property type Land
Lot 57.21 ac (2,492,068 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office
  • Big Box & Wholesale Store Building Supply
  • Factory Industrial Manufacturer
  • Hardware & Home Improvement
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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