0 St 13-110-62Huron, SD 57350

For Sale
$2,051,250

136 acres, commercial/residential, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 136.75-acre parcel presents a remarkable investment opportunity in Huron, South Dakota. Strategically located within city limits, specifically south of 21st Ave SW, north of 27th Ave SW, and between McDonald Ave and Lincoln Ave SW, this property boasts convenient access to city utilities. The land's topography features excellent drainage and a water amenity, making it ideal for residential development. The area is experiencing a significant shortage of affordable housing, creating high demand for new construction. This presents a unique chance to address this need while capitalizing on the property's location within an Opportunity Zone. This designation allows for deferral and potential exclusion of capital gains taxes from both passive and portfolio income sources, enhancing the investment's overall return. The surrounding area is already developed, ensuring seamless integration into the existing community. The asking price of $2,051,250 reflects the property's significant potential and the current market conditions. Recreational amenities would be a valuable addition to this future neighborhood, further increasing its desirability. This is a rare opportunity to acquire a large, well-situated parcel with substantial upside potential in a growing South Dakota community. The property's size and location make it suitable for a variety of development projects, from large-scale residential communities to mixed-use developments. The combination of its prime location, favorable zoning, and Opportunity Zone status makes this a truly exceptional investment.

Highlights

  • $2,051,250 asking price for 136.75 acres of commercial and residential land.
  • Located in Huron, South Dakota, within city limits, surrounded by developed land.
  • Situated in an Opportunity Zone, offering potential tax advantages.
  • Features good drainage, water amenity, and easy access, ideal for affordable housing development.
  • Close proximity to city utilities and potential for recreational amenities.

Property Details for 0 St 13-110-62

Property type
Other land, Land
Lot Size (sq. ft)
5,956,830 SF

Location Insight

City
Huron
County
Beadle
State
South Dakota
Latitude
44.337466988452
Longitude
-98.229266827671
St 13-110-62, Huron, South Dakota

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0 St 13-110-62
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