27037 469Th AveTea, SD 57064

This exceptional 226,512 square foot land parcel, located at 27037 469th Ave, Tea, SD 57064, presents a unique investment opportunity. Currently zoned A-1 Agricultural, this property offers significant potential for rezoning to accommodate various commercial or residential developments. Situated just north of Tea, South Dakota, a rapidly growing suburb of Sioux Falls with a population of 6,539, this land benefits from high traffic volume on Tea-Ellis Road, a major north/south corridor. Future improvements and widening of Tea-Ellis Road are planned, with necessary land already conveyed to the county. The property boasts two existing outbuildings and enjoys a prime location across from a new residential development. Its proximity to the intersection of 271st and Heritage Parkway, and its adjacency to thriving businesses such as GrandStay Hotel & Suites, Zooks Coffee Bar, Climberz, Scooter's Coffee, Lauriebells, and Squealer's Smoke Shack, further enhances its appeal. The asking price is $1,359,072, representing a land value of $6 per square foot. This versatile property is ideal for multi-family housing or commercial ventures, offering significant upside potential in a dynamic and expanding market. The property's strategic location and development potential make it an attractive investment for discerning buyers.