Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3409 8th SE Ave Watertown, SD 57201-9153

    • Commercial land
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US79-0493678
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • My Place Hotel- Watertown, SD / Extended Stay Hotel / Hotel

    Property Details for 3409 8th SE Ave

    Lot size
    1.38 lot acres
    Property type
    Commercial land
    APN
    13300
    APU
    13300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Codington
    State
    South Dakota
    Longitude
    -97.0602
    Latitude
    44.892
    CBSA code
    47980
    CBSA name
    WATERTOWN, SD MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,067
    $504,730
    $0.00
    $504,730
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      33.49 Acres

      16138 464th Ave

      VACANT COMMERCIAL LAND • 33.49 Acres
      16138 464th Ave, Watertown, SD 57201-8793
      View Details
    • Value Estimation by Request
      1.52 Acres

      1020 4th SW Ave

      VACANT COMMERCIAL LAND • 1.52 Acres
      1020 4th SW Ave, Watertown, SD 57201-4108
      View Details
    • Value Estimation by Request
      0.07 Acres

      531 54th St Nwb1

      VACANT COMMERCIAL LAND • 0.07 Acres
      531 54th St Nwb1, Watertown, SD 57201
      View Details
    • Value Estimation by Request
      1.11 Acres

      1007 5th SE Ave

      VACANT COMMERCIAL LAND • 1.11 Acres
      1007 5th SE Ave, Watertown, SD 57201-4551
      View Details
    • Value Estimation by Request
      0.43 Acres

      412 - 420th 8th NW St

      VACANT COMMERCIAL LAND • 0.43 Acres
      412 - 420th 8th NW St, Watertown, SD 57201
      View Details
    • Value Estimation by Request
      6.00 Acres

      2616 9th SW Ave

      VACANT COMMERCIAL LAND • 6.00 Acres
      2616 9th SW Ave, Watertown, SD 57201
      View Details

    Similar Nearby for Sale

    • $1,271,127
      2.13 Acres

      Willow Creek Commercial Land

      2.13 Acres, Prime Watertown Location
      23rd 23Rd St, Watertown, SD 57201
      View Details
    • $2,655,417
      8.00 Acres

      Willow Creek Commercial Land - 8 Acres

      Prime Watertown, SD commercial land. Exceptional investment opportunity.
      Dri Willow Creek Dr, Watertown, SD 57201
      View Details
    • Contact for pricing
      32.00 Acres

      BRS Farms: Watertown Land

      32 Acres, I-29/US-212 Frontage
      I-29 Us-212, Watertown, SD 57201
      View Details
    • $300,000
      2.00 Acres

      Watertown Vacant Land Near Lake

      Large lots near Pelican Lake with municipal utilities available.
      B3 KAK'S Ave SW, Watertown, SD 57201
      View Details
    • $1,200,000
      80.00 Acres

      Prime Watertown Development Land

      80 Acres, I-29 Frontage, High Visibility
      31st 31St St, Watertown, SD 57201
      View Details
    • $1,745,937
      5.26 Acres

      Watertown Commercial Land - 5.26 Acres

      Prime commercial land, ideal location, development opportunity.
      Driv Willow Creek Dr, Watertown, SD 57201
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      6,600 SF

      Watertown Shop Space Near I-29

      6,600 SF shop space near I-29 in Watertown.
      115 31St St NE, Watertown, SD 57201
      View Details
    • $19 SF/Yr
      1,900 SF

      Downtown Watertown Retail Space Available

      Retail space in a vibrant downtown location with onsite parking.
      15 1St St NW, Watertown, SD 57201
      View Details
    • $19 SF/Yr
      2,382 SF

      Watertown Office Space For Lease

      Downtown Watertown, SD - Modern Office Suites
      10 Broadway, Watertown, SD 57201
      View Details
    • $14 SF/Yr
      6,895 SF

      Prime Retail Space in Watertown

      Strategically located retail space ready for tenant build-outs.
      911-937 29Th St SE, Watertown, SD 57201
      View Details

    Property Visit Statistics

    • Visits by month
      16.8k
    • Visitors by month
      16.3k
    • Avg Time on site
      8 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3409 8th SE Ave
    Watertown, SD 57201-9153
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.