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Property profile & analytics

4512 59Th St Sioux Falls, SD 57106

  • Commercial real estate
  • 2.06 lot acres
Value Estimation
Location Intelligence
Property ID
US79-0020043
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 4512 59Th St

Lot size
2.06 lot acres
Zone code
MUNICIPALITY
Property type
Commercial real estate
APN
282.12.01.001
APU
2821201001

Description

This exceptional 2.24-acre commercial land parcel presents a unique investment opportunity in southwest Sioux Falls, South Dakota. Located at 4512 W 59th St, zip code 57106, this property boasts a highly elevated lot with excellent drainage, ensuring optimal site conditions for development. The land is zoned PD, permitting a variety of commercial uses, including office and retail spaces. This allows for significant flexibility in project planning and potential tenant acquisition. The asking price is $951,350, translating to a land value of $9.75 per square foot. Given its size, zoning, and desirable location within Sioux Falls, this property offers substantial potential for significant return on investment. The improved land is ready for immediate development, eliminating the need for extensive site preparation. Its strategic location within Lincoln County provides easy access to major transportation routes and a thriving commercial district, making it an attractive proposition for businesses seeking a prominent presence in the Sioux Falls market. This is a rare opportunity to acquire a sizeable, well-situated commercial lot in a rapidly growing area. Don't miss out on this chance to secure a prime piece of Sioux Falls real estate.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $385,000
  • CAP approach

    CAP return
    Estimation
    6%
    $305,000
    6.5%
    $305,000
    7%
    $300,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $330,000
    Geo Method
    $320,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $335,000
    Retail
    $260,000
    Mixed-Use
    $260,000
    Hospitality
    $320,000
    Educational
    $325,000
    Residential Income
    $255,000
    Energy
    $290,000
    Income-Based Land
    $310,000
    Food Service
    $335,000

Location Insight

  • Map
  • Local Demand
City
Sioux Falls
County
Lincoln
State
South Dakota
Longitude
-96.7803
Latitude
43.4962
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,386
$606,177
$0.00
$606,177
-
$0.00
$0.00
$0.00
More about this property
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