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27781512
27781513

W 66th St N, Sioux Falls, SD 57107

DD
SD 21041, FL FL 3216785
Berkshire Hathaway Florida Realty - Commercial Division
SS
SD SD 19722, MN MN 40784081
Berkshire Hathaway HomeServices Midwest Realty
Listed by Berkshire Hathaway Florida Realty - Commercial Division, Berkshire Hathaway HomeServices Midwest Realty
$1,751,112
230 days on market
Updated 5 days ago

Prime Multi-Family-Apartment Opportunity Zone

Details
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 6.700
Zoning LW Multi-Family-Apartments

Land | 6.7 acres zoned for Multi Family or Apartments in great location

Marketing description

Open Offering Memorandum to see full information and click on video on page 1 of the PDF

As an added bonus, The Clarion Pointe Hotel next door to the development site can be purchased in a separate agreement as part of any or all purchase of the 41 Acre Mixed Use Site, 6.7 Acre Multi Family, Apartment, Live Work, Senior Housing Site or any smaller parcels agreed on by seller to be sold separately. There are several new residential communities coming to the area and the City of Sioux Falls is investing in area infrastructure.

The seller is willing to sell smaller parcels if it is a good fit for the development. The Clarion Pointe Hotel has recently gone through

$3 million plus in renovations and has strong occupancy and financials. Direct access from Exit 83 on Interstate 29 at the I29 & I90 Interchange. Next door to Flying J Travel Center, Boss Truck Stop, Burger King & many more business coming to the area.

LW - Multi-Family

» 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.

» 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.

Investment highlights

Open Offering Memorandum to see full information and click on video on page 1 of the PDF

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

Listing Contacts

DD
SD 21041, FL FL 3216785
Berkshire Hathaway Florida Realty - Commercial Division
SS
SD SD 19722, MN MN 40784081
Berkshire Hathaway HomeServices Midwest Realty
Listed by Berkshire Hathaway Florida Realty - Commercial Division, Berkshire Hathaway HomeServices Midwest Realty

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Additional Information

Name
Don Droke
License
21041
Brokerage
Berkshire Hathaway Midwest Reatly
Title
Broker Associate
Brokerage Address
1120 East 77th Street
Name
Stacey Sieverding
License
SD 19722
Brokerage
Berkshire Hathaway HomeServices Midwest Realty
Brokerage Phone
605-274-1034
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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