5901 18th St Sioux Falls, SD 57110

Property Details for 5901 18th St

Lot size

0.83 lot acres

Property type

Commercial land

APN

85626

APU

85626

Description

This exceptional 38,333 square foot commercial outlot presents a remarkable investment opportunity in the thriving Dawley Farm Village, Sioux Falls, South Dakota. Located at 5901 E 18th St, zip code 57110, this property boasts a strategic position within a bustling retail hub, surrounded by major national retailers including Target, Kohl's, Walmart, Ashley Furniture, and Burlington Coat Factory, as well as Century Theaters, Voyage Federal Credit Union, and the new Carlton at Dawley Farm Village mixed-use building. The area is anchored by over 30 retailers and benefits from a dense population of 5,669 within a one-mile radius, drawing customers from Sioux Falls and surrounding communities. Dawley Farm Village itself is a rapidly expanding 300-acre development situated at the intersection of Veterans Parkway and Highway 42, offering convenient access to I-229 and I-90. The property is further enhanced by its pedestrian-friendly design, including ample sidewalks and bike paths, and its proximity to public transportation. The asking price is $613,328, translating to $16 per square foot. Significant future growth is anticipated due to the South Dakota Transportation Commission's completion of the Veterans Parkway, a 6-lane addition connecting I-29 and I-90, scheduled for completion in 2026, which is expected to significantly increase traffic flow in the area. This makes this outlot an ideal location for a variety of commercial ventures, capitalizing on the high visibility and substantial foot traffic of this established and expanding retail center.