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Recreation Dr
Summerset, SD 57718
Land For Sale · 31.88 AC

INVESTMENT HIGHLIGHTS

  • 1,000 LF of significant frontage along I-90
  • Site is situated perfectly for staged development with all utilities at or near property.
  • Summerset, SD needs residential lots and this property is perfect for it!
  • WHOLESALE PRICING STARTING AT 90 CENTS PER SF.
  • Many different uses are available in the current zoning category.
  • 0% 5 year property tax abatement is available for all commercial users.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Auto Dealership
  • Auto Repair
  • Bank
  • Carwash
  • Community Center
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hotel
  • Medical
  • Motel
  • Neighborhood Center
  • Office Park
  • Public Park
  • Religious Facility
  • Restaurant
  • Service Station
  • Single Family Development
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
Total Lot Size 31.88 AC
Zoning GC

DESCRIPTION

This property provides over 1,000 LF of significant frontage along I90 and Recreational Drive. Currently it is zoned GC which also allows various types of single family and multi-family residential uses as well as commercial uses. The lay of the land provides excellent frontage along Recreation Drive as a collector street that will then serve Lane/Place streets to facilitate the land plan. A major drainage easement and drainage naturally lays at the north end of the land which is instrumental to provide necessary detention for any larger project. The owners are creative so bring your creative ideas to make this awesome property your next project. Combine it with the adjacent 9.58 AC to the south for a larger multi-purpose community. TAKE ADVANTAGE OF 0% 5 YEAR PROPERTY TAX ABATEMENT ON ALL NEW COMMERCIAL INVESTMENT IN MEADE COUNTY! CALL FOR DETAILS!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0C.52.02AB
Land Assessment
$223,040
Improvements Assessment
$0
Total Assessment
$223,040
  • Listing ID: 6962027

  • Date on Market: 4/27/2017

  • Last Updated:

  • Address: Recreation Dr, Summerset, SD 57718

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