Property summary
This exceptional 72,383 square foot commercial land parcel is situated at the new intersection of 49th Street and Western Avenue in Sioux Falls, South Dakota, zip code 57105. The property boasts a highly desirable C-2 commercial zoning designation, providing a wide range of development possibilities. Access to the property is via a right-in/right-out configuration on 49th Street. While 47th Street access exists, it will require reconstruction to meet ADA standards; potential buyers should independently verify access details with the City of Sioux Falls. This location offers unparalleled visibility, with a combined daily traffic count of 20,400 vehicles. The property benefits from its position within an established commercial area, surrounded by thriving businesses including Scheels, Running, JL Beers, Crisp & Green, Lawrence & Schiller, and Costco. Its convenient access to 41st Street and Interstate 229 further enhances its appeal. The asking price for this remarkable opportunity is $1,809,575. This is a rare chance to acquire a prime commercial lot in a rapidly growing area of Sioux Falls.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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