Located at the intersection of Heritage Parkway and Kevin Drive, this commercial lot for sale in Tea, SD offers outstanding visibility in a high-traffic Sioux Falls metro corridor. Just minutes from Sioux Falls, South Dakota’s largest city, this site benefits from strong daily traffic counts and continued west-side growth.
Situated in one of the fastest-growing communities in the Sioux Falls area, the property is surrounded by expanding residential neighborhoods, new commercial development, and nearby amenities, driving consistent consumer traffic and long-term value.
Versatile commercial zoning allows for multiple development options, including retail, restaurant, office, medical, or service-oriented uses. Ideal for a retail pad site, freestanding building, or long-term commercial investment.
As development continues to expand outward from Sioux Falls, opportunities at major intersections in Tea are becoming increasingly limited.
Located at High Traffic intersection and across from Relibank, Ace Hardware, Dairy Queen, Daycare and Real Estate office
Current population of Tea, SD is over 7,000 and projected over 17,000 by 2050
7 min. from Sioux Falls, South Dakota’s Largest City with over 219,000 people
Vibrantly active Tea Chamber of Commerce
Blocks from Large New Construction Developments $400,000 to $1mil+ homes
Contact broker for zoning details and development information.
Lot/land
$220,000
500 N Heritage Pkwy, Tea, SD 57064
--beds
--baths
0.68Acres
Unimproved Land
Built in ----
0.68 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 258 days
- 21
- 0
Zillow last checked:
Listing updated:
Listed by:
Tricia C Cook Cell:605-453-0006,
Faith Realty Brokers, LLC 605-453-0006
Source: Realtor Association of the Sioux Empire,MLS#: 22600764
Facts & features
Property
Features
- Fencing: None
Lot
- Size: 0.68 Acres
- Dimensions: 132x235
- Features: Corner Lot, City Lot
Details
- Parcel number: 240.28.25.002
- Zoning: General Commercial
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Tea
Financial & listing details
- Tax assessed value: $70,719
- Annual tax amount: $2,312
- Date on market: 2/4/2026
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Listed for sale | $220,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,312 -4.9% | $70,719 -53.5% |
| 2024 | $2,432 +21.4% | $152,133 +3.4% |
| 2023 | $2,004 +3.7% | $147,124 +25.9% |
| 2022 | $1,931 | $116,890 -22.6% |
| 2021 | -- | $151,056 +52.2% |
| 2020 | $2,004 -49.4% | $99,261 |
| 2019 | $3,962 | $99,261 |
| 2018 | $3,962 | $99,261 |
| 2017 | $3,962 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 57064
Nearby schools
Schools provided by the listing agent
- Elementary: Tea Area Venture Elementary
- Middle: Tea MS
- High: Tea HS
- District: Tea Area
Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






