Real Estate

The Planning and Development Services Department identifies City-owned real estate located in desired areas of redevelopment for purchase through the following process:

Negotiated Sales

The Negotiated Sale program enables qualified individuals or entities to purchase vacant or improved properties that are owned by the City. The value of the property is established by a market value appraisal prepared by an independent appraiser that's hired and compensated by the City. To make an offer through the negotiated sale process, an Application shall be filled out, and submitted with a site plan, preliminary building elevations or building renderings, and detailed scope of work.

Available Real Estate

The following properties are available through the negotiated sale process:

301 North Main Avenue - Downtown

A 1-acre redevelopment site located in downtown Sioux Falls, offering a great opportunity for redevelopment near the main activity center.

Rail Yard Property – Downtown

A 10-acre redevelopment site in downtown Sioux Falls formerly operated by BNSF Railway, offering a unique opportunity for urban development.

Parking Structure Property — Downtown

Discover an exceptional opportunity for visibility, density, and convenient parking access in downtown Sioux Falls at the prime location of our parking structure property.

Contact Information

Dustin Powers, Urban Planner
City Center
231 N. Dakota Avenue
Sioux Falls, SD 57104
605-367-8897 | dustin.powers@siouxfalls.gov

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