7560 Minnesota Ave Sioux Falls, SD 57108
- Commercial real estate
- 0.47 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 7560 Minnesota Ave
- Lot size
- 0.47 lot acres
- Zone code
- MUNICIPALITY
- Property type
- Commercial real estate
- APN
- 281.83.01.004A
- APU
- 2818301004A
Description
This exceptional 34,823 square foot commercial lot, identified as Dakota Crossing - Lot 4B, presents a unique investment opportunity in the thriving city of Sioux Falls, South Dakota. Located at 7560 S Minnesota Ave, zip code 57108, this single-tenant property boasts a generous land area perfectly suited for a variety of commercial ventures. The lot is zoned C-3 Commercial, providing flexibility for diverse development plans. Situated in Lincoln County, this property offers excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. The expansive 34,823 square foot lot provides ample space for construction, ensuring ample room for building and potential future expansion. With its strategic location and generous size, this property is poised to become a valuable asset for any discerning investor or business owner. The property is currently available for lease, offering a chance to establish a strong presence in a dynamic and growing market. Detailed zoning information and development guidelines are readily available upon request. This is a rare opportunity to acquire a significant commercial land parcel in a prime Sioux Falls location. Don't miss out on this chance to secure your future in a thriving South Dakota market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $480,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $470,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $490,000
- Mixed-Use
- $510,000
- Hospitality
- $440,000
- Educational
- $475,000
- Residential Income
- $415,000
- Energy
- $465,000
- Income-Based Land
- $550,000
- Food Service
- $555,000
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.7266
- Latitude
- 43.4765
- CBSA code
- 43620
- CBSA name
- SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA