INTERNET BIDDING TERMS:

*DO NOT REGISTER ONLINE IF YOU ARE ATTENDING THE LIVE ONSITE AUCTION!!

Bidders who wish to Bid online for the property must be registered at least 24 Hours Prior to the Auction. Bidders may contact Sutton Auctioneers & Land Brokers, LLC at 605-336-6315 or office@suttonauction.com.

Bidders who wish to bid online must provide Sutton Auctioneers & Land Brokers, LLC with a Bank Letter of Pre-Approval prior to bidding online. Bidders will not be automatically approved and online bidders will be manually approved for the auction.

Sutton Auctioneers & Land Brokers, LLC has the right to require a wire or electronic transfer of funds if the bidder is unable to meet in person with a representative from the auction company. 

By making a bid, Bidder accepts the terms and conditions below and will be bound by them.

Announcements made the day of the sale take precedence over written or advertised announcements, but do not alter, in any way, the terms and conditions of the sale.

AUCTION TERMS:  Cash – A 10% non-refundable down payment on the day of the sale and the balance on or before June 30, 2025, with full possession.  Marketable Title will be conveyed and an Owner’s Title Insurance Policy will be provided with the cost of the Owner’s Policy divided 50-50 and a closing agent’s fee (Lincoln County Title) will be divided 50-50 between the buyer and seller.  All of the 2024 RE taxes due and payable in 2025 will be paid by the Sellers, with the buyer to be responsible for all of the 2025 RE Taxes payable in 2026.  The acres in this property are based on the acres as determined by a survey completed by Stockwell Engineers, Inc., with the acres understood to be “more or less”, with the survey cost paid by the Owners. The sellers do not warrant or guarantee that existing fences lie on the true & correct boundary.  Any new fencing or future maintenance of fences is the responsibility of the buyer in accordance with SD law. Presently, this property is zoned agricultural and any future changes in zoning are subject to the City of Harrisburg, SD Planning and Zoning and are subject to any applicable related zoning conditions and requirements, with any or all future development costs to be the responsibility of the purchaser. This property is sold in “AS IS” condition and the merchantability or suitability of this property for any particular purpose is not guaranteed. The RE Licensees in this transaction stipulate that they are acting as agents for the seller.  This property is sold subject to existing easements, restrictions, reservations or highways of record, if any, as well as any or all applicable Zoning Ordinances and/or County/City Zoning Requirements. Some of the Partners in Gateway Partners, LLC are SD Real Estate Licensees.  Sold subject to confirmation of the Owners.

**Broker Participation Welcome – Cooperating Brokers must pre-register prior to the day of the auction & meet the requirements for Broker’s Participation to qualify for a 1% commission. For details and pre-registration forms, contact Sutton Auctioneers & Land Brokers, LLC – email – office@suttonauction.com or ph. 605-336-6315

ATTENTION – Developers, Investors, Contractors & Entrepreneurs

+/- 69.09 Acres of Prime Development Land on the Northeasterly Growth of Harrisburg, South Dakota and the Ongoing Light Industrial & Residential Development between Harrisburg and Southern Sioux Falls, SD

We will offer the following real property at auction “On Site” at the property, located from Harrisburg High School – 6/10 Mile E. to Roundabout (Cliff Ave & Willow St.), then continue 1 Mile E. on 273rd St./Willow St., then 1 Mile N. on Southeastern Ave./476th Ave to the land where the Southeast Corner of the Land is located at the Jct. of 272nd St. & 476th Ave. (E. Prospect St. & Southeastern Ave); or from Harrisburg East Middle School – 2½ Miles South on Southeastern Ave.

SALE DATE:  WEDNESDAY MAY 14, 2025     SALE TIME:  10:00 AM

ATTENTION – Developers, Investors, Contractors & Entrepreneurs:  This auction presents a “Terrific Opportunity” to purchase a parcel of land by the “Acre” that soon may be sold by the “Square Foot” as this is a parcel of land that is on the verge of being “Development  Ready” as preliminary design work and anticipated community infrastructure have been in the planning stages in recent years.  This property has been owned by Gateway Park LLC and due to the death of Brad Gullickson, who was one of the primary partners and leaders on this project, the heirs of his estate and the other partners have made the decision to offer this property at public auction. This property is truly on the edge of the next developable sector lying adjacent to other recent Harrisburg community developments. If you are a development entrepreneur with a vision for the future growth of Harrisburg, the southerly growth of Sioux Falls and Lincoln County, SD which is one of the fastest growing areas of our nation, then get your financing in order and come prepared to bid on this remarkable property that has a great deal of unbridled potential.

This property will be offered as a surveyed +/-69.09 Acre Unit.  Probably no better opportunity has been presented in recent years to purchase land with any better location or any of the other unique attributes of this property, as this is truly a “One of a Kind” property.  If you are in the market for land which has a great deal of present and future potential in tempo with the Growth of one of the most rapidly growing areas of the USA which includes – northern Lincoln County, SD, the City of Harrisburg, SD and the ongoing Southerly Expansion of Sioux Falls, SD, then this is a property that deserves your utmost attention.

This property consists of a +/- 69.09 Acre Surveyed Parcel of Springdale Township Lincoln County, SD. According to the City of Harrisburg, this property was annexed to the City in 2022 and is presently zoned as “Light Industrial” which allows for a variety of likely anticipated future uses as outlined in the City Zoning Regulations which would provide sites for manufacturing, wholesale, warehousing & service uses in an attractive business park setting.  Portions of this property might include areas of multi-family and single family residential pending approval of a comprehensive development plan and amendments. The buyer/developer to be responsible for any or all cost recovery for sanitary water, sewer and any or all other development costs. This property presently is not serviced with any city utilities, however, currently a water main has been bored & stubbed to the SW corner of the property. Sewer is estimated to be stubbed to the same location in Summer 2025. Information from Stockwell Engineers indicates that this parcel is planned to have 10” Sewer & 12” water lines along the property. Buyers should independently research utility plans and services available with the Harrisburg City Engineers Office. Presently, this property is zoned as agricultural land and is being utilized as agricultural farmland. According to FSA information this property has approx. 57.80 acres of cropland with a 24.90 acre corn base with a 130 bu. PLC yield and a 24.30 acre soybean base with a 34 bu. PLC yield. The non-tillable acres consist of grassland/drainage areas and roads. According to the Lincoln Co. Assessor this parcel has an Overall Soil Rating of .820 similarly info. obtained from Surety Agri Data, Inc. indicates that this farm has an overall productivity index of a 77.8. The general topography of this property is level to nearly level. There is an existing underground petroleum pipeline easement for a Magellan Petroleum Pipeline and an electrical powerline easement on this property. This property is well located bordered on the south by 272nd St. (Paved Road) and on the east by Southeastern Ave/476th Ave and on the west by a BNSF railway and the Dynamic Development addition to the City of Harrisburg housing development. The 2024 RE taxes payable in 2025 on this property are $1,894.00. This property is currently under lease for the 2025 crop year, & the buyer(s) will receive a rental credit of $11,250.00 at closing.

This property is located near numerous existing area Commercial & Light Commercial Developments, Nearby Housing Developments, as well as Educational, Professional, Retail and Other Enterprises – both currently built and developing in Harrisburg and southern Sioux Falls, SD.  If you are in the market for a parcel of land which has a great deal of present and future potential in tempo with the northerly development of Harrisburg and southerly development of the City of Sioux Falls, SD, then this is a property that deserves your attention!

LEGAL DESC.:  Harris Tract 2 in the SE ¼ of Sec. 25, T. 100N., R. 50W., (Springdale Twp.), Lincoln County, SD.