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713 E Havens Ave - Commercial Land 8.13 Acres of Commercial Land Offered at $1,950,000 in Mitchell, SD 57301
Investment Highlights
- One block from Mitchell, SD's business intersection
- Current income in place to wait for redevelopment
- Near Walgreens, Verizon Wireless, Plains Commerce Bank, First Interstate Bank, etc.
Executive Summary
Prime 8.13-acre redevelopment site one block from Mitchell, SD's busiest intersection with traffic counts exceeding 20,000. Current use is a profitable trailer park with 16 sites (14 occupied), plus 3.65 acres of undeveloped land. Nearby neighbors are Walgreens, Plains Commerce Bank, First Interstate Bank, Verizon, c-stores, etc. Perfect site for large retail, hotel, etc. Priced at $5.51 psf.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $1,950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.13 AC |
| Property Type | Land | ||
| Zoning | Highway Business District - Flexible commercial zoning. | ||
| Price | $1,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.13 AC |
| Zoning | Highway Business District - Flexible commercial zoning. |
1 Lot Available
Lot
| Price | $1,950,000 | Lot Size | 8.13 AC |
| Price Per AC | $239,852.40 |
| Price | $1,950,000 |
| Price Per AC | $239,852.40 |
| Lot Size | 8.13 AC |
Prime 8.13-acre redevelopment site with existing profitable mobile home park on site. Could be expanded or redeveloped.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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713 E Havens Ave - Commercial Land