Mitchell, SD
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    Mitchell, SD Specialty Properties for Sale

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    Letcher, SD Ethan, SD Plankinton, SD
    New Retail NNN Ground Lease
    $1,750,000
    11,480 SF

    New Retail NNN Ground Lease

    2306 S Mentzer St, Mitchell, SD

    New construction retail property with long-term corporate ground lease.

    • Brand New 20‑Year Absolute Triple‑Net (NNN) Corporate Ground Lease
    • Exceptional Residual Value - Value of Improvements well Exceeds Purchase Price
    • Enjoy 10 Percent Rental Increases Every Five Years with Six, Five Year Renewals
    • New High‑Quality 2024 Construction
    • Pinned between a Super Walmart & Menard's
    Updated: Nov 21, 2024
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    South Dakota Estate with Views
    $2,950,000
    10,095 SF

    South Dakota Estate with Views

    40580 250th St, Mitchell, SD 57301

    Estate on 14.76 acres near Lake Mitchell, South Dakota.

    • Unmatched views overlooking the Firesteel Creek Wildlife Refuge.
    • 14.76 acres of pristine prairie meadows and rolling treed hillsides.
    • Ideal for wedding venues, hunting lodges, and recreational lodges.
    • Minutes from the Mitchell, SD airport.
    • Architectural gem and historic symbol of South Dakota.
    Updated: Mar 6, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Residential Lots Near Vintage Airpark
    $129,000
    2.35 Acres

    Residential Lots Near Vintage Airpark

    Residential lots near Larchwood, Iowa, close to Sioux Falls.

    1374 Cleveland Ave, Larchwood, IA 51241
    View details
    Sioux Falls Office Building For Sale
    $3,925,000
    13,434 SF

    Sioux Falls Office Building For Sale

    NNN leased office building in established business park.

    5002 S Broadband Ln, Sioux Falls, SD 57108
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    Residential Lots Near Vintage Airpark
    $78,000
    1.40 Acres

    Residential Lots Near Vintage Airpark

    Residential lots near Larchwood, Iowa, close to Sioux Falls.

    1376 Cleveland Ave, Larchwood, IA 51241
    View details
    Chick-Fil-A Ground Lease Opportunity
    $3,125,000
    4,995 SF

    Chick-Fil-A Ground Lease Opportunity

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

    4005 W 41st St, Sioux Falls, SD
    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.

    Lake Poinsett Land Parcel
    $425,000
    1.03 Acres

    Lake Poinsett Land Parcel

    Lakefront and backlot acreage on Lake Poinsett in South Dakota.

    116 Sunset Park, Estelline, SD 57234
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    Residential Lots Near Vintage Airpark
    $94,000
    1.70 Acres

    Residential Lots Near Vintage Airpark

    Residential lots near Larchwood, Iowa, close to Sioux Falls.

    1380 Cleveland Ave, Larchwood, IA 51241
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    Residential Lots Near Vintage Airpark
    $78,000
    1.42 Acres

    Residential Lots Near Vintage Airpark

    Residential lots near Larchwood, Iowa, close to Sioux Falls.

    1377 Dolly Ct, Larchwood, IA 51241
    View details
    Residential Lots Near Vintage Airpark
    $73,000
    1.32 Acres

    Residential Lots Near Vintage Airpark

    Residential lots near Zangger Vintage Airpark in Larchwood, Iowa.

    1904 Airport Road W, Larchwood, IA 51241
    View details

    Mitchell, SD Specialty Properties Investment Opportunities Market Analysis

    Explore 2 specialty properties for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 21,575 square feet of properties for sale, with an estimated market value of $4,700,000.

    Sale prices for properties in Mitchell, SD start at $1,750,000, averaging $2,350,000, and reaching up to $2,950,000 — 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

    NNN properties 1
    Wedding venues 1

    Property Size Breakdown

    The majority of commercial real estate listings in Mitchell fall within the 5,000 to 10,000 square foot range.

    Demographics Overview

    Population 19K
    Population Growth (5Y) +3.7%
    Median Household Income $60,671
    College Educated 31.5%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    57301 $3M

    Taxes & Financing

    Tax Rate (average for all types) 0.83%
    Property Tax per SF $12.27 per sq ft
    Average Loan-to-Value 65.0%

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