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Property profile

26980 Tallgrass Ave Sioux Falls, SD 57108

OFF-MARKET
Land
Property ID
US79-0557994

Property summary

AI-generated overview

This exceptional 466,527 square foot commercial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Located just north of 85th Street on the east side of Tallgrass Avenue, this property benefits from its proximity to the anticipated I-29 and 85th Street interstate exchange, ensuring excellent connectivity and accessibility. Currently zoned rural residential, this assemblage of three contiguous acreages offers significant potential for future development. The expansive lot size provides ample space for a variety of commercial ventures, capitalizing on the area's rapid growth and projected increase in value. The asking price of $5,598,324 represents a compelling value proposition, priced below market value per square foot at $12/SF. This property is ideally situated in Lincoln County, South Dakota, with the address listed as 26980 Tallgrass Ave, Sioux Falls, SD 57108. The strategic location and substantial size make this an attractive investment for developers and investors seeking a high-return opportunity in a thriving market. This is a rare chance to acquire a large, well-positioned parcel of land with significant upside potential in a rapidly developing area of Sioux Falls.

Property profile

Verified
Property type Land
UPID US79-0557994

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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