For Sale 156.43 Acre Development Opportunity Lake Alvin Lincoln County SD Near Sioux Falls
Attention Developers, Investors & Builders!
There has never been a better time, a better location or a better opportunity to purchase and develop this 156.43 Acre 54 lot development. This is a once in a lifetime opportunity to purchase land that has been zoned rural residential and is ready to start developing all the leg work, time and commission meetings are done!
These are the lots everyone wants and in a location that everyone wants to be. This will truly be an opportunity for someone!
The majority of the land has been zoned rural residential, complete with a 4-acre buffer zone by the lake which can be used at the buyers discretion whether it is making some lots larger or having a community area. It boasts a large park, and 9 acres in the southeast corner that has not yet been zoned so the buyer can pursue whatever type of zoning that fits their needs on that 9 acres.
This Development hosts beautiful large flat lots as well as scenic lots overlooking state land and water. Each lot is 2 acres or larger. Easy access from two paved roads.
The preliminary subdivision plan has been approved. Final Grading, drainage and phasing plans are all that is needed to be given to the Lincoln County Planning Commission.
There are numerous reasons to consider this property-
- Fast population growth (45.62% since 2010)
- Average family household income of $127,825 (+27.68% since 2010)
- High demand for houses outside of the city
- High demand for property near bodies of water
- Nearby amenities are less than 10-minute drive on paved roads
- All lots are a minimum of 2 acres
Call Andy at 605-201-1559 for additional questions, pricing, and full engineering and HOA documents