Development Land for Sale
Parcel #1 Size
0.28 Acres +/-
Parcel #1 Size
12,361 SF +/-
Parcel #2 Size
2.47 Acres +/-
Parcel #2 Size
107,713 SF +/-
Price / SF
$6.00 / SF
Location Highlights
Situated on the north shore of Lake Madison, the property offers visibility from Highway 34 (4,106 VPD) and convenient access to Highway 19 (2,529 VPD). The surrounding area features restaurants, marinas, golf courses, and residential neighborhoods, creating an established recreational and year-round community. Lake Madison sits within Lake County, benefiting from nearby Madison’s workforce, retail amenities, and infrastructure support.
Description
- Two frontage parcels totaling 2.75 Acres +/-
- Parcel #1 – 0.28 Acres – Zoned Commercial.
- Parcel #2 – 2.47 Acres – Zoned Multi-Family Residential (RA-1 / RA-2)
- All utilities to be stubbed to site with an accepted offer
- Developer is open to sale, build-to-suit, or partnership options
- Contact Broker for additional details on zoning options
- Frontage and access along Highway-34 (4,106 VPD)
- Integration within The Lake Pointe Development – a flexible lakeside community development with potential for multiple uses. Includes plans for infill water access for future private marina slips
- Lake Madison is home to The Point Bar & Grill, Lakes Bar & Grill, Hillside Resort, Broadwater Bar, Sodak’s Marina, and Lakes Golf Course
- Attractive demographics at Lake Madison with a median home value of $762k, median age of 56.4, and a total population of just 857
- 5 minutes east of Madison, South Dakota, home to Dakota State University
Usage