800 Highline PlSioux Falls, SD 57110

Property Details for 800 Highline Pl

Year built

2020

Construction

FRAME

Lot size

2.24 AC

Property size (Sq ft)

8,815 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

84473

APU

84473

Description

This exceptional 1.15-acre commercial lot presents a remarkable investment opportunity in the thriving Dawley Farm Village development of Sioux Falls, South Dakota. Located at 800 S Highline Pl, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial uses. Situated on a marquee Highway 100 location, the lot benefits from exceptional visibility and accessibility, positioned at the crossroads of two major state highways, ensuring high traffic volume and prominent exposure. The expansive 49,936 square foot parcel is priced competitively at $22 per square foot, totaling $1,098,592. This prime location within one of South Dakota's fastest-growing retail areas guarantees significant potential for future appreciation and strong returns on investment. The property is conveniently located in Minnehaha County, Sioux Falls, SD 57110, offering easy access to a robust infrastructure and a thriving community. Don't miss this chance to secure a piece of Sioux Falls' burgeoning commercial landscape. This is an unparalleled opportunity to establish a successful business in a high-demand area. The property's strategic location and zoning make it ideal for a variety of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $2,001,253

  6.5%

  $1,847,311

  7%

  $1,715,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,133,792

  Geo Method

  $1,133,792

• Alternative Use

  Use

  Valuation

  Residential

  $1,558,276

  Hospitality

  $1,427,372

  Educational

  $1,187,557

  Medical

  $1,228,399

  Retail

  $1,847,311

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5413

Longitude

-96.6529

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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