Property summary
This exceptional 1.28-acre commercial lot, located at 1301 W Russell St in Sioux Falls, South Dakota, presents a unique investment opportunity. Situated in Minnehaha County, zip code 57104, this property boasts a highly desirable location adjacent to the Ramada, ensuring excellent visibility and accessibility. The permitted zoning is Commercial, making it ideal for a variety of uses. Envision a thriving strip mall or a fast-food establishment capitalizing on the high traffic volume in this area. The lot's size allows for significant development potential, and a build-to-suit option may be considered. While the existing building on the site, constructed in 1962, measures 123,701 square feet, the sale focuses on the land itself, offering a blank canvas for your vision. This prime location and flexible zoning make this a rare find in the competitive Sioux Falls market. Don't miss this chance to acquire a strategically positioned commercial property with immense growth potential. The property's coordinates are 43.5624474 latitude and -96.7457271 longitude.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Hotel & Motel
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Take-out & Catering Catering Service
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
FP;FP · Sioux Falls, SDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for FP;FP in Sioux Falls, SD.
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Find the owner behind the property.
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