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Near Renner/Crooks Exit
Sioux Falls, SD 57107
Asking Price
$1.09M
Asset Type
Industrial Land
Class
Class B
What's Special
Future Development Land <p>Great opportunity to purchase future industrial development land.</p><p>Close proximity to Foundation Park with convenient access to Interstates 29 & 90.</p><p>Located in City of Sioux Falls Growth Management Plan Tier 1 Development Area.</p><p>Labeled Light Industrial on City of Sioux Falls 2040 Future Land Use map.</p><p>Located in Minnehaha County.</p><p>Land located .5 mile south and east of the Renner/Crooks exit on Interstate 29 on the west side of Highway 131 (North Kiwanis Avenue).</p
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NOI
$80,000
Cap Rate
7.37%
DSCR
1.24
Tight
Cash-on-Cash
4.77%
Monthly Payment
$5,371.451
Annual Cash Flow
$15,542.585
