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TBD Bakker Landing - Bakker Landing Interstate Frontage Land 4 Acres of Commercial Land Offered at $2,879,007 CAD in Tea, SD 57064
INVESTMENT HIGHLIGHTS
- Prime visibility with traffic counts of 38,760 VPD on I-29, and 15,295 VPD along 271st Street
- The future Veterans Parkway begins at the I-29/271st exit, which will connect I-29 and I-90, mirroring I-229 to provide additional accessibility
- Businesses within Bakker Landing include Orthopedic Institute, I-29 RV Marine & Outdoor, Glass Doctor, CarSwap, Maker’s Exchange, etc.
- A diverging diamond interchange will begin construction in 2025 at the 85th St/I- 29 intersection that is set to revolutionize traffic flow
EXECUTIVE SUMMARY
Bakker Landing is an expanding 270-acre development with the intention of providing a connection between the suburb and Sioux Falls. The subject site enjoys visibility along I-29, and is set to benefit from infrastructure upgrades like the Veterans Parkway Connection and the 85th Street Interchange.
PROPERTY FACTS
| Price | $2,879,007 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Planned Unit Development |
| No. Lots | 1 | Total Lot Size | 4.00 AC |
| Property Type | Land | ||
| Zoning | B - Sub Area (B) - Bakker Landing PUD | ||
| Price | $2,879,007 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Planned Unit Development |
| Total Lot Size | 4.00 AC |
| Zoning | B - Sub Area (B) - Bakker Landing PUD |
1 LOT AVAILABLE
Lot
| Price | $2,879,007 CAD | Lot Size | 4.00 AC |
| Price Per AC | $719,751.80 CAD |
| Price | $2,879,007 CAD |
| Price Per AC | $719,751.80 CAD |
| Lot Size | 4.00 AC |
Zoning: Bakker Landing PUD: Sub area (B). Platted lot with development drainage.
DESCRIPTION
4.0 acres of development land available along I-29 within the expanding Bakker Landing development in Tea, South Dakota. The property offers prime interstate visibility and is positioned to benefit from major transportation upgrades, including the 85th Street diverging-diamond interchange and the Veterans Parkway connection. Zoned Bakker Landing PUD (Sub Area B), the site is development-ready with drainage in place and positioned for long-term appreciation as Tea and Sioux Falls continue to merge.
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PROPERTY TAXES
| Parcel Number | 240.64.08.002 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,349,373 CAD | Total Assessment | $1,349,373 CAD |
PROPERTY TAXES
Parcel Number
240.64.08.002
Land Assessment
$1,349,373 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,349,373 CAD
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TBD Bakker Landing - Bakker Landing Interstate Frontage Land
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