1220 David Place

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1220 David Place

Tea, SD 57064
Asking Price
$815K
Asset Type
Commercial Land
Class
Class B

What's Special

Flexible Land Opportunity – 0.99 to 2.34 Acres Available | East End of David Place <p><strong>nvestment Highlights</strong></p><ul><li>​Flexible parcel sizes: ±0.99 acres, ±1.35 acres, or full ±2.34 acres</li><li>​Option to purchase north or south portion, or entire site</li><li>​Larger ±1.35-acre parcel located on the north end</li><li>​Prime location at the east end of David Place</li><li>​Convenient access to I-29 via Exit 73 (Tea Exit)</li><li>​Positioned just outside Sioux Falls with strong growth potential</li><li>​Build-to-suit opportunity tailored to user needs</li><li

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NOI
$80,000
Cap Rate
9.82%
DSCR
1.65
Strong
Cash-on-Cash
12.95%
Monthly Payment
$4,029.702
Annual Cash Flow
$31,643.581

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