5201 26Th StSioux Falls, SD 57110

Property Details for 5201 26Th St

Year built

2012

Construction

TYPE NOT SPECIFIED

Lot size

1.63 AC

Property size (Sq ft)

2,993 SF

Property type

Grocery and convenience stores

APN

66972

APU

66972

Description

This exceptional land parcel, located at 5201 E 26th St, Sioux Falls, SD 57110, presents a unique investment opportunity. Situated in the thriving Sundance Village, this property boasts a highly desirable location along Highway 100, between two major arterial streets: 26th Street and 41st Street. This strategic positioning ensures high visibility and accessibility, maximizing its potential for commercial or residential development. The property benefits from its proximity to established successful developments. To the north lies Dawley Farm Village, a prominent retail center in the region, and to the south is Harmodon Park, South Dakota's largest baseball/softball complex, attracting over 300,000 visitors annually. This combination of high traffic areas and established community amenities creates a strong foundation for future growth and profitability. The property is zoned for both commercial and residential uses, offering flexibility for a variety of development plans. Detailed site delivery schedules are available upon request. The property's location can be easily viewed via Google Maps. This is a rare opportunity to acquire land in a rapidly growing area with significant potential for long-term returns. The property is located in Minnehaha County.

• CAP approach

  CAP return

  Valuation

  6%

  $547,565

  6.5%

  $505,445

  7%

  $469,341

• Comparable approach

  Method

  Valuation

  Relative Method

  $158,873

  Geo Method

  $158,873

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,006,390

  Mixed-Use / Specialty

  $495,267

  Hospitality / Lodging

  $352,456

  Office

  $483,600

  Institutional / Educational

  $511,884

  Residential Income

  $598,904

  Multifamily

  $764,729

  Automotive / Energy

  $438,758

  Parking / Income-Based Land

  $159,685

  Restaurant / Food Service

  $239,716

  Healthcare / Senior Housing

  $516,476

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5288

Longitude

-96.7889

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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