124 E 1st Ave, Mitchell, SD 57301
Davison County
Key Facts
Description
This prime corner lot offers exceptional visibility and exposure in the downtown commercial district. It provides an ideal setting for a business seeking maximum visibility and easy access. Zoned for commercial use. Ask about the Urban Renewal Discretionary Formula for the 5-year property tax break, City of Mitchell Sales Tax Grants and Tax Increment Financing. Broker Owned.
Property Information
Property Type
Land
Lot Size
0.08 acres
Zoning
Commercial
MLS® Listing#
25-503
Property Features
Financial Details
Annual Taxes
$98
Tax year 2025
Parcel Number
015-15520-01200-005-010
Affordability Calculator
$12,000
Estimated monthly payment
$319/mo
Principal $48,000 · Est. interest $66,964 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mitchell, SD
- $264,286
- Median Listing Price
- 43
- Median Days on Market
- 1,743
- Median Sq Ft
- $170
- Median Price / Sq Ft
- 64
- Active Listings
- This home’s price is 77% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mitchell, SD.
Location
Points of Interest in Mitchell, SD
Showing the Mitchell area map.
Nearby Schools
Marty Indian School
School · 0.1 mi away
Holy Family Catholic Church
Elementary · 0.1 mi away
Longfellow Elementary School
Elementary · 0.5 mi away
Mitchell School District
School · 0.6 mi away
Mitchell High School
Secondary · 0.6 mi away
Second Chance Alternative School
School · 0.6 mi away
Faith Bible Learning Center
School · 0.7 mi away
Mitchell Middle School
Secondary · 0.8 mi away
Gertie Belle Rogers Elementary School
Elementary · 0.9 mi away
L B Williams Elementary School
Elementary · 1.0 mi away
John Paul II Elementary School
Elementary · 1.2 mi away
Mitchell Foundation for Catholic Education
School · 1.2 mi away
Mitchell Christian High School
Secondary · 1.3 mi away
Mitchell Christian School
Secondary · 1.3 mi away
Millbrook Colony Elementary School
Elementary · 7.9 mi away
Ethan School District
Secondary · 11.5 mi away
Mount Vernon School District 17-3
Secondary · 11.8 mi away
Upland Colony School
Elementary · 11.8 mi away
Hanson School District
Secondary · 12.5 mi away
New Elm Spring Colony Elementary - 08
Elementary · 18.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 500 E Hanson Ave, Mitchell, SD | $44,000 | — | — | — |
| Bills Beach Rd, Mitchell, SD | $55,000 | — | — | — |
| W Harmon Dr, Mitchell, SD | $55,000 | — | — | — |
| 41279 Rock Creek Drive LOT A Dr, Mitchell, SD | $58,000 | — | — | — |
| Deer Valley Cir, Mitchell, SD | $59,800 | — | — | — |
| 118 E 1st Ave, Mitchell, SD | $61,250 | — | — | — |
Moving Cost Estimate
EXIT Agents in Mitchell
Listing Courtesy: Ace Realty, LLC - 6053528618
Presented by: Pamela Bathke