3001 Van Eps Ave Sioux Falls, SD 57104
- Commercial real estate
- 3.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3001 Van Eps Ave
- Lot size
- 3.07 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.07-acre parcel, located at 3001 N Van Eps Ave in Sioux Falls, South Dakota, presents a unique investment opportunity. Currently zoned RA-1 for low-density multifamily development, this property offers significant potential for various uses. Situated near North Cliff Avenue, the land is surrounded by a mix of light and heavy industrial, and commercial/office properties, indicating a dynamic and growing area. While the listed acreage is approximate (based on City of Sioux Falls GIS resources), the final acreage will be determined through platting prior to closing. The asking price is $796,000, calculated at $5.95 per square foot. This represents one of the last remaining vacant land parcels in this desirable location. Prospective buyers should be aware that any desired rezoning would be their responsibility. The property is privately owned and is suitable for multifamily residential development, or potentially light industrial uses, subject to necessary approvals and permits. The property's prime location and flexible zoning make it an attractive proposition for developers seeking a strategic foothold in a thriving South Dakota market. Minnehaha County location and 57104 zip code.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.709909
- Latitude
- 43.575747
