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Property profile & analytics
OFF-MARKET
Commercial real estate

110 54Th St Mitchell, SD 57301

Property ID
US79-0421681
Property summary
AI-generated overview

This exceptional 1.41-acre commercial land parcel, located at 110 E 54th St, Mitchell, South Dakota, presents a unique investment opportunity. Boasting a substantial 61,420 square foot lot size, this property is strategically situated at the intersection of SD Hwy 37 and Airport Rd/54th Ave, ensuring high visibility and accessibility. The permitted zoning is Commercial (TWC), offering flexibility for a variety of commercial ventures. Envision a convenience store, storage facility, retail outlet, contractor space, or even an agriculture-related business thriving in this prime location. The property benefits from utilities readily available at the lot line, including Davison Rural Water at 54th Ave. Situated just outside the city limits of Mitchell, this location offers the advantage of lower taxes while maintaining excellent proximity to the city's amenities. The asking price is $199,614, translating to a competitive $3.25 per square foot. This high-traffic location, near the Mitchell Municipal Airport on a four-lane highway, provides unparalleled exposure and access. The flexible zoning and convenient location make this a truly exceptional opportunity for commercial development. Contact us today to explore the potential of this remarkable property.

Property profile
Verified
Property type Commercial real estate
UPID US79-0421681
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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