Sioux Falls, SD Potential Development Properties - Advantage Land Co/ G3 Auction LLC

Sioux Falls, SD Potential Development Properties

Auction DateTh. Dec. 16, 2021 - 11 AM

Auction Location: SD Military Heritage Alliance - 1600 W Russel Street - Sioux Falls, SD

Online Bidding Opens: Tu. Dec. 14, 2021

Acres

7.37+/-

Date of Auction

12/16/2021 - 11 AM

Taxes

$4,614.38

Legal: The West One Hundred Sixty Five (165) Feet of the East Three Hundred Thirty (E330) Feet of the Northwest Quarter of the Northeast Quarter (NW1/4NE1/4) of Section Twenty Two (22) Township One Hundred One (101) Range (50) West of the 5th P.M., Minnehaha County South Dakota, excluding Lot H3 in the West 165 Feet of the East 330 Feed of the NW1/4NE1/4 of Section 22, Township 101 North, Range 50 West of the 5th PM, Minnehaha County, South Dakota; The South 528 Feet of the East 165 Feet of the Northwest Quarter (NW1/4NE1/4) of Section 22, Township 101 North, Range 50 West of the 5th P.M., Minnehaha County, South Dakota; AND The North 110 Feet of the South 638 Feet of the East 165 Feet of the Northwest Quarter of the Northeast Quarter (NW1/4NE1/4) of Section 22, Township 101, Range 50 of the 5th P.M., Minnehaha County, South Dakota, together with all improvements thereon.

Owner: Robert "Bob" Gilliland

Located off 12th St. & S. Sertoma Ave., Advantage Land Co. presents 3 potential development properties in Western Sioux Falls, SD with excellent accessibility and prime locations! These parcels are currently zoned A1-AG, giving you the opportunity to build to suit your needs and the potential to annex into the city! The 12th St. parcel offers an ideal spot for a potential development or business opportunity. All 3 properties have a building eligibility, and city water is available off W 15th Street, making them perfect residential areas to build your dream home. All buyers, make a point to attend this sale! Don’t let these opportunities pass you by. If you’re in the market for quality developmental real estate, we strongly encourage that these be part of your portfolio. Take Advantage and bid to buy! Available in individual tracts, any combination, or as a unit. For further information on the can and cannot, contact the Minnehaha County Planning/Zoning Department at 605-367-4204.

  • Excellent Potential Development Properties
  • Prime Potential Commercial Lot off 12th St.
  • Great Location - Convenient Accessibility
  • Potential to Annex into the City
  • Building Eligability
  • Currently in Ag Zoning

Addresses:

  • 7305 W 12th St.
  • 601 S. Sertoma Ave.
  • 505 S. Sertoma Ave.

Closing and possession to take place on or before January 26, 2022. Upon acceptance of the sale by the seller, a non-refundable earnest money deposit equal to 10% will be due at the conclusion of the sale. If buyer is not immediately available at the conclusion of the auction, the purchase agreement and non-refundable earnest money deposit must be complete within 24 hours from the close of the auction. The balance will be due at closing. Merchantable title will be conveyed, and title insurance cost will be divided 50-50 between the buyer and seller. Closing costs are to be split 50-50 buyer and seller. The 2020 RE Taxes due and payable in 2021 will be paid by the seller. The 2021 RE Taxes due and payable in 2022 will be paid by the seller as a credit to the buyer at closing based on the most current tax information. The seller does not warranty or guarantee that existing fences lie on the true boundary, and any new fencing will be the responsibility of the purchaser pursuant to SD statutes. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing easements, restrictions, reservations, or highways of record, if any, as well as any or all Minnehaha County Zoning Ordinances. A survey/plat will not be provided and will be the purchasers responsibility if needed or requested. The RE licensees in this transaction stipulate that they are acting as agents for the seller. Announcements made day of sale take precedence over any written materials. This is a cash sale. Property is sold as is. Sold subject to Seller Confirmation. Not responsible for accidents.