8001 10Th St, Sioux Falls, SD 57110
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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