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4501 W 12th St - Established RV Park & Apartment Community 15.02 Acres of Commercial Land Offered at $7,480,000 in Sioux Falls, SD 57106
Investment Highlights
- 10' utility easement along NW property line
- RE Taxes: $74,762.98 (2025 Taxes Payable in 2026)
- Cap Rate: 6.85%
- Existing buildings on-site - contact Broker for details
- Currently operates as a successful year-round RV Park with an NOI of $512,000 in 2025
- Clean Phase I Environmental Report completed in 2020
Executive Summary
Property Facts
| Price | $7,480,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 15.02 AC |
| No. Lots | 1 | Year Built | 1977 |
| Property Type | Land | ||
| Zoning | C-4 - Commercial Regional | ||
| Price | $7,480,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 15.02 AC |
| Year Built | 1977 |
| Zoning | C-4 - Commercial Regional |
1 Lot Available
Lot
| Price | $7,480,000 | Lot Size | 15.02 AC |
| Price Per AC | $498,002.66 |
| Price | $7,480,000 |
| Price Per AC | $498,002.66 |
| Lot Size | 15.02 AC |
15.02 acres of income-producing land at I-29 & W. 12th Street in Sioux Falls. Utilities to site with C-4 zoning provide an ideal site for development.
Description
The 12th Street & I-29 corridor features a healthy mix of national and regional retailers, including Luxury Auto Mall, Northern Tool + Equipment, Harbor Freight, Starbucks, Taco Bell, Wells Fargo, and Voyage Credit Union. 12th street acts as a gateway to downtown drawing over 107,000 VPD at this corridor. Nearby attractions like The Great Plains Zoo, Minnehaha Country Club, and Thunder Road Amusement Park contribute to steady year-round activity. Strong demographics and ongoing westside investments, like the $18M Kuehn Park Pool upgrade, support long-term development potential.
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4501 W 12th St - Established RV Park & Apartment Community
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