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Property profile & analytics
FOR SALE
Commercial real estate

27002 S Louise Ave Sioux Falls, SD 57108

43.5 ac lot
Property ID
US79-0317741
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 43.5 ac (1,894,860 SF)
APN 100.50.21.2010
UPID US79-0317741
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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