3601 Innovation StSioux Falls, SD 57107

  • Commercial land
  • 0.95 AC
For Sale
$600,726.50 View listing

Property Details for 3601 Innovation St

Lot size
0.95 AC
Property type
Commercial land
APN
31034
APU
31034

Description

This exceptional investment opportunity presents 2.51 acres of light industrially zoned land in Sioux Falls, South Dakota. Located at 3601 W Innovation St, this property consists of two parcels totaling 2.51 acres, offering excellent visibility and convenient access to Interstate 29. Parcel ID 31028 encompasses 1.56 acres at 3701 W. Innovation St, while Parcel ID 31034 comprises 0.95 acres at 3601 W Innovation St. The property's zoning designation permits a wide range of light industrial uses, making it suitable for various businesses seeking a strategic location within a thriving commercial area. The combined acreage provides ample space for development, expansion, or investment, catering to diverse needs. Situated in Minnehaha County, with a zip code of 57107, this property benefits from its proximity to major transportation routes, enhancing logistical efficiency and accessibility. The asking price for this combined land parcel is $600,726.50. This presents a compelling opportunity for businesses seeking to establish or expand their operations in a prime Sioux Falls location. The property's strategic location and zoning make it an attractive investment prospect with significant potential for future growth and return.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,293,346
    Hospitality
    $6,680,666
    Educational
    $5,558,235
    Medical
    $5,749,392
    Retail
    $8,646,144
3601 Innovation St, Sioux Falls, South Dakota

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5761
Longitude
-96.7741
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,695
$72,200
-
$72,200
-
-
-
-

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