Mixed Use Development Site - Opportunity Zone 5801 N Kiwanis Ave Lot | Terrain commercial | 16,66 ha | À vendre | 7 989 653 € | Sioux Falls, SD 57107

CLICK ON THE OFFERING MEMORANDUM TO SEE DETAILED INFORMAION ABOUT THIS GREAT DEVELOPMENT SITE Over 41 Acres Mixed Use Development Site in Sioux Falls South Dakota (CLICK THE VIDEO LINK TO SEE FULL DETAIL AND AERIAL FOOTAGE) • Zoned C-4 & LW Sioux Falls Airport (FSD) 3.6 miles away (5 minutes) • Southeast Corner of I29 & I90 • Entire Property within a rare Opportunity Zone for investors looking to place Capital gains liabilities into tax deferred Opportunity Zone Exchange with solid growth potential. • Retail, Self-Storage, Apartments, Multi Family & more. • PD Civil Engineering Plans in Place ready to modify. • Utilities at site • Value added Storm Water Drains and Fire Hydrants have already been installed • Growing Area of Sioux Falls which is one of the fastest growing cities in the Midwest • Easy Access to property • 3-5-10 and 20 mile radius growing fast. • National Developers welcome • Great Tax incentives with South Dakota being a State income tax free State. • The area is primed for a mixed use retail-apartment development. • Only a few miles from the Sioux Falls FSD Airport. • Large companies like Amazon, UPS, Fed Ex, USD, Harley Davidson, Aldi, Walmart, Burger King, Flying J Truck Stop, Clarion Pointe Hotel and more already established around this Development Site. • Solid Traffic Counts on both I29 & I90 • Topography is ideal for exposure on both Interstates. SE1/4 NW1/4 (EX H1 & H2) & NE1/4 SW1/4 (EX SKYLINE HEIGHTS & H-2 & REDSTONE VILLAGE ADDN) 30-102-49 SIOUX FALLS CITY UNPLATTED 5801 N KIWANIS AVE City Parcel ID 011630100006000 County / County Parcel ID MINNEHAHA / 14567 Legal SE1/4 NW1/4 (EX H1 & H2) & NE1/4 SW1/4 (EX SKYLINE HEIGHTS & H-2 & REDSTONE VILLAGE ADDN) 30-102-49 SIOUX FALLS CITY UNPLATTED Acres / Square Feet 41.16 / 1,792,893.00 • Seller willing to subdivide LW from C-4 • Pricing at $5.25 per sq ft (Land) 41.16 Acres $9,412,880 • PD Civil plans available upon request with executed CA In Sioux Falls, South Dakota, the average rent for an apartment is around $1,114. However, rental rates can vary significantly based on factors like location, size, and amenities. For example, studio apartments average about $867, while 2-bedroom apartments average $1,163. Here's a more detailed breakdown: • Studio Apartments: Expect to pay around $867 per month. • 1-Bedroom Apartments: Average rent is around $960. • 2-Bedroom Apartments: The average rent is around $1,163. • 3-Bedroom Apartments: You'll likely see an average rent around $1,478. • Cap Rates for investment Properties are running from 5% to 7% depending on type and location. • Retail Lease rates depending on location and type of lease are running $20 to $40 per sq ft.