for sale

Key Features:

This 1.26± acre, build-ready multifamily land site is a rare opportunity for developers or investment groups seeking a well-positioned apartment project in Pierre, South Dakota.

The property is fully improved with street access, curb and gutter, sidewalks, storm drainage, and an existing parking lot, significantly reducing upfront development costs and shortening the construction timeline. Utilities are already on site, including water, sanitary sewer, and electric, making the site truly shovel-ready.

One of the site’s most compelling features is its dual-view orientation, offering views of the Missouri River on one side and the South Dakota State Capitol on the other.

The parcel is part of an emerging development area that has already attracted institutional confidence. First Dakota Bank recently acquired a nearby parcel within the development, and an adjacent site is planned for a future hotel, further strengthening the long-term growth narrative of the area.

This site is well-suited for a multifamily apartment development, offering a combination of infrastructure readiness, irreplaceable views, and a central Pierre location that is difficult to replicate.

Owner is a licensed real estate broker in South Dakota.