9.41 Acres with many establishment Walnut Trees - Income Potential! Don't miss this incredible opportunity to own 9.41 beautiful acres on paved road 9 miles North of Vermillion filled with lots walnut trees. These high-value trees are not only a stunning natural feature, but they also offer significant potential for lumber sales-adding both charm and increased value to the property. Whether you're looking to build your dream home, invest in land, or harvest the timber, this property offers flexibility and long-term rewards. A rare find with built-in income potential and natural beauty! Check out the Virtual Tour!
Prime 1.73-Acre Multi-Family Lot in the Heart of Vermillion â?? 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 Vermillionâ??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 youâ??re planning to build market-rate apartments, student-focused housing, or long-term rentals, the lotâ??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. Donâ??t miss this chance to invest in one of Vermillionâ??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 Vermillionâ??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.
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Vermillion is located in South Dakota. Vermillion, South Dakota has a population of 11,506. Vermillion is less family-centric than the surrounding county with 28.78% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Vermillion, South Dakota is $47,920. The median household income for the surrounding county is $56,077 compared to the national median of $69,021. The median age of people living in Vermillion is 23 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 27.7 inches per year, with 31.8 inches of snow per year.
