1015 Marion Rd Sioux Falls, SD 57107
This exceptional 89,596 square foot commercial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Located at 1015 N. Marion Road & 5300 W, this property boasts a desirable northwest location within one of the city's fastest-growing residential areas. Its convenient access to I-29 via the Madison Avenue interchange ensures high visibility and accessibility. The land is zoned C-2 Commercial, offering flexibility for a variety of retail developments. The surrounding area is experiencing significant residential growth, with several new housing developments underway. This presents a compelling opportunity to serve the needs of a burgeoning community currently underserved in terms of commercial amenities. Nearby key attractions include Jefferson High School, the Career & Technical Education Academy, Northside Walmart, Southeast Technical Institute, and the University Center. The land's strategic location near these institutions and residential areas creates a high-demand environment for businesses such as fast food restaurants, medical services, hair salons, and other neighborhood-oriented retail establishments. The property's APN numbers are 81318 & 80954. The land value is priced at $7 per square foot. This is a rare chance to acquire a substantial parcel in a thriving market poised for continued expansion. Detailed information and site plans are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.