0 Paddington StSioux Falls, SD 57110

Property Details for 0 Paddington St

Lot size

15.02 AC

Property type

Land

Description

This exceptional 15.02-acre commercial and residential land parcel is ideally situated on the rapidly expanding east side of Sioux Falls, South Dakota, offering unparalleled visibility and accessibility. Located on Veterans Parkway, a major thoroughfare designed to meet Sioux Falls' future transportation demands, connecting I-29 to I-90, this property boasts excellent exposure to thousands of vehicles daily. Its strategic location places it within a 15-minute radius of both Downtown Sioux Falls and Brandon, SD, ensuring convenient access to a thriving urban center and surrounding communities. The property is already rough-graded and build-ready, with existing utilities readily available on-site. Regional, off-site detention is in place, simplifying development processes. The site is conveniently located approximately 3.5 miles from I-90 and 1.8 miles from Arrowhead Parkway, enhancing its logistical advantages. This land is zoned RA-3 and is sub-dividable. The area boasts a high concentration of established businesses and residential developments, including proximity to Dawley Farm Village (a large development with over 40 retailers and 750+ residential units under construction), Menards, Chipotle, Perkins, Truks-n-Trykes, Sanford Health, Lewis Drug, and Kwik Trip. The surrounding area exhibits above-average income levels, with a median household income exceeding $118,728 within a one-mile radius. The asking price is $4,547,579.60, translating to a land value of $6.95 per square foot. This presents a unique opportunity for developers seeking a prime location with significant growth potential. The property is owned and developed by Cresten Capital.

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.569

Longitude

-96.6469

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