1031 Exchange Properties For Sale

More details for 270 Landmark Ct, Box Elder, SD - Multifamily for Sale

Packet Harbor Point - 270 Landmark Ct

Box Elder, SD 57719

1031 Exchange Property
Multifamily for Sale
$5,646,116 CAD
27,740 SF

Box Elder Multifamily for Sale

Listed by Kevin Andreson, Keller Williams Black Hills | 605-646-5409 Single-Family Rental Portfolio – 19 Homes | Box Elder, SD Exceptional opportunity to acquire a 19-home single-family rental portfolio in the rapidly growing community of Box Elder, South Dakota, located just minutes from Rapid City and Ellsworth Air Force Base, home to the future B-21 Raider mission. The significant expansion planned at Ellsworth is expected to bring continued population growth and housing demand to the area. The portfolio consists of 19 modern single-family homes, each offering 3 bedrooms, 2 bathrooms, and a detached single-car garage. Built approximately 10 years ago, these homes feature maintenance-free exteriors and modern construction on permanent foundations, helping keep long-term operating and maintenance costs manageable. The portfolio includes 15 homes on crawl spaces with permanent foundations and 4 homes with full basements. Each property sits on its own separately platted lot, offering flexibility and long-term ownership value. Investment Highlights 19 single-family rental homes 3 bedroom / 2 bathroom floorplans Detached single-car garages Homes located on separately platted lots Maintenance-free exterior construction Tenants pay utilities 15 crawl space homes and 4 homes with full basements Strong rental demand driven by Ellsworth AFB and regional growth Excellent access and visibility from Exit 67 on I-90

Contact:

Keller Williams Black Hills

Property Subtype:

Apartment

Date on Market:

2026-03-09

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21353 US HWY 385

Deadwood, SD 57732

1031 Exchange Property
Specialty for Sale
$2,307,424 CAD
11,226 SF

Deadwood Specialty for Sale

Listed by Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 & Steve Kulmala South Dakota Properties 605-484-8501. If you are looking for an awesome investment property, look no further!! Six beautiful cabins in a great location, near Deadwood, Trails and lakes! These cabins stay busy year-round!! New well for Cabins 4, 5, 6 – $100,000. UV water filtration system for Cabins 1, 2, 3 – $12,000. Deck stairs for Cabins 2 and 3 – $5,000. Safety railings for Cabins 1, 3, 6 – $20,000+. New sofas in all cabins – $15,000. New gas ranges – $2,400. New dishwashers – $1,500. New shower installation – $1,500. New front doors – $2,100. New patio doors – $4,400. New windows – $1,500. New refrigerators – $3,400. Septic electrical repair – $3,000. Plumbing upgrades – $8,000. New hot water heaters Call today for your personal showing!! Contact Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 & Steve Kulmala South Dakota Properties 605-484-8501 for showings. Legal- LOT 16 EX LOT H1 (.04AC) OF HES 13718-004-04 PLAT BK4 PG126 - LOT 15 EXLOT H1 (.02AC)OF HES137 18-004-04PLAT BK4 PG126 - LOT 14 EX LOT H1(.02AC) OF HES 137 18-004-04 PLATBK2 PG80 LOT 13 EX LOT H1(.01AC) OF HES 137 18-004-04 PLATBK4 PG126 - LOT 12 EXLOT H1 (.01AC) OF HES 137 18-004-04PLAT BK2 PG80 Business name: Cole Cabins

Contact:

South Dakota Properties

Date on Market:

2025-12-18

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5050 N Cliff Ave

Sioux Falls, SD 57104

1031 Exchange Property
Retail for Sale
$2,244,841 CAD
3,534 SF

Sioux Falls Retail for Sale

Colliers International is proud to present the Arby’s restaurant site on Cliff Avenue in Sioux Falls, South Dakota. Arby’s has been at this location since its construction in 1995 and currently operates under a 20-year lease with approximately 18 years remaining term. This is an absolute net-leased property (Absolute NNN) with no landlord responsibilities for property taxes, utilities, maintenance or roof/structure. Rental income is set at a base amount, with percentage rent being applied above a specified gross sales figure as an efficient hedge against inflation. The franchisee on-site is DRM, Inc., one of the largest Arby’s operators in the country with over 110 locations nationwide. Arby’s has a long and successful track record at this site since 1995. It benefits greatly from its strategic location along the on and off ramps of Interstate 90, along with its positioning within the industrial core of north Sioux Falls. The neighboring blue-collar workforce has limited options in the immediate vicinity, providing a competitive advantage for this location. There are 2.7 million square feet of industrial space within a 1-mile radius of the Arby’s site, with 43,000 square feet under construction and a vacancy rate below one percent, providing a stable customer base for local retailers.

Contact:

Colliers

Property Subtype:

Fast Food

Date on Market:

2025-10-20

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3509 S Minnesota Ave

Sioux Falls, SD 57105

1031 Exchange Property
Retail for Sale
$2,278,854 CAD
3,444 SF

Sioux Falls Retail for Sale

Colliers International is proud to present the Arby’s restaurant site on Minnesota Avenue in Sioux Falls, South Dakota. Arby’s has been at this location since its construction in 2011 and currently operates under a 20-year lease with approximately 18 years remaining term. This is an absolute net-leased property (Absolute NNN) with no landlord responsibilities for property taxes, utilities, maintenance or roof/structure. Rental income is set at a base amount, with percentage rent being applied above a specified gross sales figure as an efficient hedge against inflation. The franchisee on-site is DRM, Inc., one of the largest Arby’s operators in the country with over 110 locations nationwide. Arby’s has a long and successful track record at this site since 2011. It benefits greatly from its strategic location along the on and off ramps of Interstate 229, along with its positioning on Minnesota Avenue which has the highest traffic counts among North/South Avenues in south Sioux Falls. The immediate area is home to numerous national retailers including Costco, Hy-Vee Grocery, Hardee’s, McDonalds, At Home Furniture, Planet Fitness, and more.

Contact:

Colliers

Date on Market:

2025-10-20

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More details for Highway 1416, Box Elder, SD - Land for Sale

Multi-family Land - Box Elder SD - Highway 1416

Box Elder, SD 57719

1031 Exchange Property
Land for Sale
$5,101,912 CAD
24.75 AC Lot

Box Elder Land for Sale

Seller would consider subdividing property.

Contact:

Keller Williams Black Hills

Property Subtype:

Commercial

Date on Market:

2022-07-22

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More details for Highway 44, Rapid City, SD - Land for Sale

Freedom Valley - Highway 44

Rapid City, SD 57703

1031 Exchange Property
Land for Sale
Price Upon Request
4,000 AC Lot

Rapid City Land for Sale

Freedom Valley is a strategic assemblage of development land in Rapid City/Rapid Valley, which spans from the Folsom Road Industrial Park area to the Rapid City Airport. The assemblage is envisioned as a series of mixed-use communities providing employment, housing and recreational uses to facilitate MSA growth over the next two decades.

Contact:

The Valley Commercial Group Inc

Property Subtype:

Commercial

Date on Market:

2025-08-14

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More details for 4101 S West Ave, Sioux Falls, SD - Multifamily for Sale

Valley West - 4101 S West Ave

Sioux Falls, SD 57105

1031 Exchange Property
Multifamily for Sale
$8,707,264 CAD
56,832 SF

Air Conditioning
24 Hour Access
Kitchen

Sioux Falls Multifamily for Sale

Valley West Apartments stands out in the Sioux Falls rental market for a simple reason: it gives tenants what they actually want. The community's 55 two-bedroom units make it a natural fit for families, roommates, and couples looking for real living space, while the 9 one-bedroom homes offer a right-sized option for single occupants who still want the benefits of a larger, well-managed community. The South West Avenue location connects residents efficiently to I-229, the 41st Street retail corridor, Sanford and Avera medical campuses, and the broader southwest employment base.

Contacts:

Gateway Real Estate Advisors

Property Subtype:

Apartment

Date on Market:

2026-04-17

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More details for 4609 E 26th St, Sioux Falls, SD - Multifamily for Sale

Golden Valley - 4609 E 26th St

Sioux Falls, SD 57110

1031 Exchange Property
Multifamily for Sale
$7,346,754 CAD
47,350 SF

Air Conditioning
24 Hour Access
Controlled Access
Kitchen
Smoke Detector

Sioux Falls Multifamily for Sale

Golden Valley Apartments represents a strong multifamily investment opportunity in Sioux Falls, South Dakota, one of the Midwest’s most stable rental markets. This 54-unit property features a desirable mix of one- and two-bedroom floor plans and is situated on a 3.15-acre site with 53 private garages, offering an additional income stream and tenant convenience. The property is 98% occupied, underscoring consistent market demand and dependable cash flow. Residents benefit from functional layouts, recently updated interiors, and on-site laundry facilities, creating a low-maintenance operational profile for ownership. With vinyl siding exteriors and durable construction, long-term upkeep remains manageable and cost-effective. Positioned on Sioux Falls’ growing east side, the community offers excellent connectivity to key retail corridors, employment hubs, and major routes, including I-229. The area’s strong labor market, subnational unemployment rate, and demographic stability further support multifamily investment fundamentals. Priced at $5.4M with a 7.0% cap rate, Golden Valley Apartments provides investors the ability to secure an established income-generating asset with upside potential driven by rental growth and operational efficiency.

Contact:

Gateway Real Estate Advisors

Property Subtype:

Apartment

Date on Market:

2026-04-17

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More details for 312 N Lawler St, Mitchell, SD - Multifamily for Sale

Lawler Apartments - 312 N Lawler St

Mitchell, SD 57301

1031 Exchange Property
Multifamily for Sale
$2,516,943 CAD
21,748 SF

24 Hour Access
Controlled Access
Kitchen
Smoke Detector

Mitchell Multifamily for Sale

- Stabilized in-place cash flow with diversified residential and commercial income - Downtown Mitchell location with walkable access to services and employment drivers - Historic brick construction (1905) with durable architecture - Attractive basis relative to replacement cost for comparable downtown product - Upside potential via rent optimization, expense controls, and selective improvements - 23 residential units; 9 Large Studios, 12 one bedroom, 2 two bedroom - 3 commercial office/retail units

Contact:

Meta Realty LLC

Property Subtype:

Apartment

Date on Market:

2026-04-09

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More details for 1305 Rosebud Ave, Gregory, SD - Multifamily for Sale

Laprath Apartments - 1305 Rosebud Ave

Gregory, SD 57533

1031 Exchange Property
Multifamily for Sale
$972,765 CAD
6,400 SF

Air Conditioning
Private Bathroom
Kitchen
Smoke Detector

Gregory Multifamily for Sale

This attractive 4-unit townhome-style apartment complex offers a mix of 2-bedroom 2-bath and 3-bedroom 2-bath units. Built in 2011 with recently updated flooring in 2 units. Each unit has a 2-car garage, an electric furnace, a laundry room, kitchen appliances, and a walkout backyard patio. The open kitchen and dining areas offer a functional layout perfect for everyday living and entertaining. Each unit also includes an attached garage and a patio. The complex is full and currently has a waiting list. The complex has a gazebo, raised beds, and a large garden area. Underground sprinkler system in the front and back yard. Unit 1 offers 1675 Sq. Ft.,(Including 600 Sq.Ft. Garage) Unit 2 -3-4 includes 1575 Sq. Ft., (Each Includes a 600 Sq.Ft. Garage).The roof was new in 2020.

Contact:

South Central Realty

Property Subtype:

Multi Family

Date on Market:

2026-04-05

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More details for TBD Riverside Road, Buffalo Gap, SD - Land for Sale

Riverside Farmland - TBD Riverside Road

Buffalo Gap, SD 57722

1031 Exchange Property
Land for Sale
$2,040,765 CAD
234.28 AC Lot

Buffalo Gap Land for Sale

The Riverside Farmland is comprised of 234 +/- contiguous acres with 130 highly productive irrigated cropland irrigated by three Valley center pivot irrigation systems on newly established alfalfa stands. Irrigation water is delivered to the property via the Angostura Irrigation District. There are two shallow wells on the property along with livestock corrals, wind–breaks and drinkers. The property is fenced and cross-fenced and access to the property is exceptional with well maintained Custer County gravel roads on three sides.

Contact:

Hewitt Land Company

Property Subtype:

Commercial

Date on Market:

2026-01-14

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