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Map ViewSatellite ViewDevelopment Land for Sale or Lease
Parcel Size
0.92 Acres +/-
Sale Price
$14.90 / SF
Lease Rate
Contact Broker
Location Highlights
Located just off 271st Street in Tea, South Dakota, near the 271st & I-29 intersection. The future Veterans Parkway begins at this intersection, which will connect I-29 and I-90, mirroring I-229 to provide additional accessibility around the MSA.
Description
- Zoned: Commercial
- Existing structure on site (3,264 SF +/-)
- Prime redevelopment opportunity – improvements based on a joint jurisdiction approval and permitting process through the county and city of Tea
- 271st & Independence Avenue will be converted from an intersection to a cul de sac; projected to commence in 2026-2027
- Water, electric, & gas are present in the area; no city sewer to the corridor
- Lot contains non-conforming pylon sign that will need to be removed
- Seller-owned billboard on the northwest corner of the site
- Adjacent 270-acre Bakker Landing Development is anchored by Down Home by DeBoers, Legacy Med Spa, Anytime Fitness, Taco John’s, and Jersey Mike’s
- Prime visibility with traffic counts of 50,070 VPD on I-29, and 6,700 VPD along 271st Street
- Firework sales at the property are restricted
