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    OFF-MARKET
    Commercial real estate

    8001 10Th St, Sioux Falls, SD 57110

    35.08 ac lot
    Property ID
    US79-0083635
    Property summary
    AI-generated overview

    This exceptional 35.08-acre parcel presents a remarkable opportunity for residential or multi-family development in the thriving east Sioux Falls area. Strategically located at the corner of East 10th Street and Six Mile Road, this property boasts a highly desirable location, offering convenient access to amenities and major thoroughfares. Currently zoned RS Residential, RA-1 Residential, and CN Conservation, the land is poised for immediate development. The site will be delivered via a minor plat, simplifying the development process. Future infrastructure improvements are planned, including the expansion of East 10th Street to a four-lane road, enhancing accessibility and property value. Preliminary engineering plans are available for review upon request. Adding to its appeal, the property includes a Verizon cell tower generating an estimated annual income of $20,000, attracting interest from national buyers seeking cell tower investments. The land enjoys a desirable location north of the Willow Run Golf Course and near the established Dawley Farm Village and Veterans Parkway, providing residents with access to recreational activities, shopping, and dining. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area of Sioux Falls, South Dakota, with significant potential for future development and return on investment. The asking price is $2,950,000. The property is situated in Minnehaha County, South Dakota, with a Sioux Falls zip code of 57110.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 35.08 ac (1,528,085 SF)
    UPID US79-0083635
    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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