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    Tea, SD
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    Tea, SD Retail Properties & Spaces for Sale

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    Sioux Falls, SD Harrisburg, SD Hartford, SD Lennox, SD Worthing, SD Renner, SD Brandon, SD Canton, SD
    Restaurant and Retail Ready Property
    Updated: Sep 4, 2025
    Restaurant and Retail Ready Property

    215 S Main Ave, Tea, SD

    $1,249,000
    10,545 sqft 0.45 AC lot
    Walk‑in cooler (8x10)
    Walk‑in freezer (8x10)
    Spacious dry storeroom (24x12)
    Walk‑in beer cooler with 8 tap lines
    Double stacked Blodgett convection oven included
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    This listing looks promising.

    Here's a quick look at some key insights for

    215 S Main Ave, Tea, SD

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $110K
      Annual

    • Price @ 7% Cap

      $1.58M
      Above asking
    View Property Analytics
    Car Wash Investment Opportunity
    Updated: Mar 6
    Car Wash Investment Opportunity

    810 Gateway Lane, Tea, SD 57064

    $2,100,000
    9% cap rate
    Automatic drive thru's
    Manual drive in's
    Vacuum stations
    View details
    Versatile Commercial Property in Tea, SD
    Versatile Commercial Property in Tea, SD

    27083 Katie Rd, Tea, SD

    $1,875,000
    18,970 sqft 2.64 AC lot

    Multi-use commercial property with offices, recreation, and storage units.

    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in Tea, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Drive-Thru Restaurant and Retail Buildings
    Drive-Thru Restaurant and Retail Buildings

    3820 W. 41st Street, Sioux Falls, SD 57106

    $2,300,000
    5,261 sqft 1.03 AC lot

    Two leased retail buildings anchored by a drive-thru Arby’s plus a second street-level tenant on 1.03 acres.

    View details
    Empire Mall Outlot Retail Space
    Empire Mall Outlot Retail Space

    4200-4224 W Empire Pl, Sioux Falls, SD

    $3,300,000
    1,584 sqft 1.34 AC lot

    Retail space available on Empire Mall outlot.

    View details
    Retail Condominium Units For Sale
    Retail Condominium Units For Sale

    3601 W 57th St, Sioux Falls, SD

    $3,960,000
    15,924 sqft 0.36 AC lot

    Three retail condominium units for sale in Sioux Falls.

    View details
    Chick-Fil-A Ground Lease Opportunity
    Chick-Fil-A Ground Lease Opportunity

    4005 W 41st St, Sioux Falls, SD

    $3,125,000
    4,995 sqft 6.97 AC lot

    20-year NNN lease with high-performing Chick-Fil-A.

    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.

    General Commercial Lot at Intersection
    General Commercial Lot at Intersection

    500 N Heritage Pkwy, Tea, SD 57064

    $220,000
    0.68 AC lot

    General commercial lot at the intersection of Heritage Parkway and Kevin Drive in Tea, SD, across from multiple retail and service uses.

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    Undeveloped Corner Land Parcel
    Undeveloped Corner Land Parcel

    27002 S Louise Ave, Sioux Falls, SD 57108

    $7,960,000
    45.53 AC lot

    Large undeveloped corner parcel with significant frontage on S Louise Ave, W 85th St, and Meredith Ave.

    View details
    Commercial Land For Sale
    Commercial Land For Sale

    5021 South Rateliff Avenue, Sioux Falls, SD 57108

    Contact for pricing

    Commercial land available for sale.

    View details
    Land in Growing Sioux Falls
    Land in Growing Sioux Falls

    1650 East 69th Street, Sioux Falls, SD 57108

    Contact for pricing

    Land for development in Southern Sioux Falls near future parkway.

    View details

    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.

    2001-2003 Industrial St
    Flex space

    2001-2003 Industrial St, Tea, SD 57064

    Value Estimation by Request
    20,817 sqft
    View details
    Thomas Ave
    Retail properties & Spaces

    0 Thomas Ave, Tea, SD 57064

    Value Estimation by Request
    10,419 sqft
    View details
    Venture St
    Strip malls

    0 Venture St, Tea, SD 57064

    Value Estimation by Request
    View details
    120 Co Hwy
    Office Units

    120 Co Hwy, Tea, SD 57064

    Value Estimation by Request
    View details

    Tea, SD Retail Properties & Spaces Market Trends and Statistics

    Explore 7 retail properties & spaces for sale in Tea, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 29,515 square feet of properties for sale, with an estimated market value of $3,124,000.

    Sale prices for stores in Tea, SD start at $1,249,000, averaging $1,562,000, and reaching up to $1,875,000 — 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

    Automotive properties 4
    Car washes 3
    Self service car washes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Tea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57064 $2M

    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)

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