SD > Vermillion > Other - Outside Jurisdiction
Vermillion, SD 57069,1030 Elm St
Vermillion, SD 57069,1030 Elm St
Vermillion, SD 57069,1030 Elm St
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Brandon Martens

Brandon Martens

+1(605) 261-9673
$ 860,000
Est. payment | /mo

75,927 SqFt

Save
$ 860,000
Est. payment | /mo
Save

75,927 SqFt

Key Details

Property Type Vacant Land

Sub Type General Comm Land

Listing Status Pending

Purchase Type For Sale

Square Footage 75,927 sqft

Price per Sqft $11

Subdivision Other - Outside Jurisdiction

MLS Listing ID 22502262

HOA Y/N No

Lot Size 1.743 Acres

Acres 1.743

Lot Dimensions irregular

Property Sub-Type General Comm Land

Property Description

Prime 1.73-Acre Multi-Family Lot in the Heart of Vermillion – Ideal for Student Housing Development Located just blocks from the University of South Dakota campus, this 1.73-acre city lot offers a rare opportunity for multi-family development in one of Vermillion's most in-demand areas. With building eligibility already in place, this site is perfectly positioned for investors or developers looking to capitalize on the growing need for student housing. Unbeatable Location Situated within walking distance to the Dakota Dome, USD Sports Center, and the core university campus, this lot provides unmatched convenience for students and faculty alike. The close proximity to major campus facilities makes it an ideal location for student apartments, townhomes, or a mixed-use residential concept. Zoned for Growth With multi-family zoning and a generous 1.73-acre footprint, the lot supports a wide range of residential development options. Whether you're planning to build market-rate apartments, student-focused housing, or long-term rentals, the lot's size and location allow for flexible design and efficient density. Development-Ready This parcel already has building eligibility, streamlining your path from concept to construction. With city utilities nearby and access from established streets, the site is ready for your next project. Don't miss this chance to invest in one of Vermillion's most promising development opportunities. Student enrollment at USD continues to rise, and demand for quality, nearby housing remains strong. This lot offers the location, size, and zoning to bring your vision to life. Inquire today to explore development potential and secure your place in Vermillion's growing market. This may be part of a 1031 exchange for seller. This is a vacant lot, the property is sold "AS IS", Seller makes no warranties or guarantees, express or implied, regarding the condition , suitability or any other aspect of the property. Closing to take place at Getty Abstract, Sioux Falls.

Location

State SD

County Other (out Of Jurisdiction)

Area Outside Mls Jurisdiction

Zoning Commercial

Exterior

Fence None

Utilities Available Storm Sewer

Building

Lot Description Corner, City Lot, Flat

Sewer City Sewer

Water City at Site

Schools

Elementary Schools Vermillion Elem School - Vermillion 13-1

Middle Schools Vermillion Ms

High Schools Vermillion Hs

School District Vermillion

Sioux Empire MLS (RASE)
Copyright 2025 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved
Listed by Hegg, REALTORS • Ron P Weber
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(605) 261-9673

brandon@bhgrebeyond.com

United States

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