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Sturgis Rd
Summerset, SD 57718

16.06 Acres Of Land/May Be Subdivided · Land For Sale · 16.06 AC

INVESTMENT HIGHLIGHTS

  • Heavy traffic I90 corridor, easy development site, shovel ready for larger users.
  • Rare find with flexibility for uses, subdividing, room to grow.
  • 0% 5 year property tax abatement for all commercial uses.
  • Utilities to the lot line and new roads included in price.
  • General Commercial zoning allows many commercial uses.
  • Priced to sell at $3.25/SF Wholesale prices.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Auto Repair
  • Bank
  • Carwash
  • Community Center
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • Healthcare
  • Hotel
  • Medical
  • Motel
  • Neighborhood Center
  • Office Park
  • Public Park
  • Religious Facility
  • Restaurant
  • Schools
  • Service Station
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 16.06 AC

DESCRIPTION

Listed at a WHOLESALE price of $3.25/SF this property is owned by an investment group who is ready to sell. The 3% cross-slope combined with all pubic ROW improvements completed takes a big chunk of risk out of the development scheme. TAKE ADVANTAGE OF THE 0% FOR 5 YEAR PROPERTY TAX ABATEMENT FOR NEW COMMERCIAL CONSTRUCTION IN MEADE COUNTY. Special terms may be available depending on the Buyer's financial status.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0C.51.02.03R
  • 0C.51.01.01R
  • 0C.51.02.02R
Land Assessment
$560,994
Improvements Assessment
$1,144,712
Total Assessment
$1,705,706

ZONING

Zoning Code Central Core
Central Core
  • Listing ID: 3890838

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: Sturgis Rd, Summerset, SD 57718

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