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    FOR SALE
    Commercial land

    8110 W 41St St, Sioux Falls, SD 57106

    1.49 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US79-0002220
    8110 W 41St St, Sioux Falls, SD 57106 For Sale
    $907,956
    8110 W 41St St, Sioux Falls, SD 57106
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 1.49-acre commercial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Located at the prominent corner of 41st Street and Purdue Avenue within the thriving Westown Marketplace, this C-3 zoned lot offers unparalleled visibility and accessibility. The property boasts a strategic location within a rapidly expanding retail development, surrounded by nationally recognized businesses such as Fareway, Dollar Tree, Starbucks, Silverstar, Sanford, and Lewis. This translates to high foot traffic and significant potential for commercial success. The asking price is $907,956, with a land value of $14 per square foot. The property is part of a mutual access easement and shared maintenance agreement, ensuring efficient management and shared responsibility. 2024 property taxes are estimated at $9,638.22. The site's prime location within a rapidly growing residential area presents an ideal opportunity for businesses seeking to serve an underserved market. This is a remarkable chance to establish a presence in a dynamic and expanding commercial hub. The address is 8110 W 41st St, Sioux Falls, SD 57106, within Minnehaha County. Detailed information is available upon request.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.49 ac (64,861 SF)
    APN 94807
    UPID US79-0002220
    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
    AI Approach AI
    $960k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $865k
    Owner & transaction history
    Classic Convenience INC · 4 yrs held
    Classic Convenience INC
    since 2021
    Last sale
    $778,500
    1 recorded transaction
    2021
    $778,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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