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    Tea, SD
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    Tea, SD Residential Income Properties for Sale

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    Sioux Falls, SD Harrisburg, SD Hartford, SD
    Commercial Space with Apartment Units
    $895,000
    758 SF
    Commercial Space with Apartment Units

    120 N Heritage Pkwy, Tea, SD

    Commercial space with 30 apartment units above available for rent.
    • Ample commercial space with 30 apartment units above
    • Building signage available
    • Located on the cross streets of Heritage Parkway and First Street
    • Potential for enclosed garage space (for additional rent)
    • Phase I available for tenant build‑outs
    Updated: Nov 25, 2025
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Tea, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Furnished Triplex in Sioux Falls
    $450,000
    2,420 SF
    Furnished Triplex in Sioux Falls

    Triplex with flexible rental potential near amenities in Sioux Falls.

    2504 S Summit Ave, Sioux Falls, SD 57105

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    Sioux Falls Multifamily Investment Property
    $370,000
    2,431 SF
    Sioux Falls Multifamily Investment Property

    Multifamily property with updated features and large backyard.

    5100 W 47 St, Sioux Falls, SD 57106

    View details
    RV Park and Apartments
    $8,503,638
    15.02 Acres
    RV Park and Apartments

    RV park with apartments, high visibility, and commercial zoning.

    4501 W 12th St, Sioux Falls, SD

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    Sioux Falls Multifamily Investment Property
    $3,500,000
    60,798 SF
    Sioux Falls Multifamily Investment Property

    30-unit apartment complex in Sioux Falls, 100% occupied.

    3113 W 12th St, Sioux Falls, SD 57104

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Home Lot Pair
    $80,000
    0.28 Acres
    Residential Home Lot Pair

    Two adjacent R1 lots provide a straightforward opportunity to build in a residential setting.

    635 W Matthew Trl, Tea, SD 57064

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    Twin Home Lot Land Opportunity
    $80,000
    0.28 Acres
    Twin Home Lot Land Opportunity

    R1-zoned twin home lots in Tea, SD provide a buildable option for compatible residential development.

    701 W Matthew Trl, Tea, SD 57064

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    Twin Home Lots in R1 District
    $80,000
    0.28 Acres
    Twin Home Lots in R1 District

    Two R1 residential land lots offered for development, listed together as 705 and 707 W Matthew Trl.

    705 W Matthew Trl, Tea, SD 57064

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    Residential Home Lots for Sale
    $87,500
    0.23 Acres
    Residential Home Lots for Sale

    R1-zoned twin home lots in Tea offer an opportunity to build residential housing on separate parcels.

    605 W Benjamin St, Tea, SD 57064

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    Off-Market Properties in Tea, SD

    Consider similar Off-Market properties in Tea, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    27037 469Th Ave
    Farms
    Value Estimation by Request

    27037 469Th Ave, Tea, SD 57064

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    27313 Prairie Wind Rd
    Land
    Lot: 26.20 Acres
    Value Estimation by Request

    27313 Prairie Wind Rd, Tea, SD 57064

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    Tea, SD Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Tea, SD on our real estate platform. These investment opportunities span a total of 758 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for residential income properties in Tea, SD start at $895,000, averaging $895,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 7,619
    Population Growth (5Y) +19.2%
    Median Household Income $104,351
    College Educated 50.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $31.09 per SF
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Tea fall within the 25,000 to 50,000 square foot range.

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