27002 S Louise Ave Sioux Falls, SD 57108
For Sale
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This exceptional 43.5-acre parcel presents a remarkable mixed-use development opportunity in the rapidly growing southeast sector of Sioux Falls, South Dakota. Strategically located at the southeast corner of 85th Street and Louise Avenue, the property boasts significant street frontage on three sides: Louise Avenue to the west, 85th Street to the north, and Meredith Avenue to the east. This prime location offers unparalleled accessibility, with quick access to Interstate 229, Highway 100, and the future 85th Street interchange. The property is zoned RD-1, RA-2/RA-3, LW/O & C2/C3, allowing for a diverse range of development possibilities, catering to both commercial and residential needs. High traffic counts further enhance the investment potential, with 2023 figures showing 8,500 vehicles per day (VPD) on West 85th Street and 17,900 VPD on South Louise Avenue. The property's Assessed Parcel Number (APN) is 100.50.21.2010. This significant landholding is offered at $8,050,000 and represents a unique chance to capitalize on the vibrant growth and strong infrastructure of Sioux Falls' expanding south side. The address is 27002 S Louise Ave, Sioux Falls, SD 57108.
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.