501 South Lyons Avenue

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501 South Lyons Avenue

Sioux Falls, SD 57106
Asking Price
$495K
Asset Type
Commercial Land
Class
Class B

What's Special

Commercial Lots For Sale | .80 Acre <p><strong style="color: rgba(0, 47, 87, 1)">Delivery</strong><span style="color: rgba(0, 47, 87, 1)">: Property is zoned C-3 Commercial. Lot 1 includes asphalt and lighting improvements. Lot 2 is development-ready with sidewalk improvements already made. </span></p><p></p><p><strong style="color: rgba(0, 47, 87, 1)">Traffic</strong><span style="color: rgba(0, 47, 87, 1)">: 12th Street: 42,500 vpd </span></p><p></p><p><strong style="color: rgba(0, 47, 87, 1)">Area Tenants:</strong><span style="c

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NOI
$80,000
Cap Rate
16.16%
DSCR
2.72
Strong
Cash-on-Cash
34.08%
Monthly Payment
$2,448.99
Annual Cash Flow
$50,612.121

Location & Travel Times