Live Auction

Categories:     LandReal Estate

Auction Date:

March 28, 2024 | 10:00 am

Auction Location / Nearest City:

512 1st Avenue, Montrose, SD 57048, USA

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Auction Description:


ATTENTION – Hunters & Wildlife Enthusiasts, Farm Operators, Investors, & Those in the Market for an Existing Building Site with Improvements! Multi-Parcel Real Estate Auction Consisting of a +/-3.47 Acre Parcel Situated in the City Limits of Montrose w/ Existing Buildings & Utilities Onsite as well as a +/-13.99 Acre Virtually All Tillable Parcel Presently Utilized as Cropland! The property will be offered in Individual Parcels or as a Combined +/-17.46 Acre Unit! These Parcels lie in the City Limits of Montrose and the East Fork Vermillion River joins this Property Providing Excellent Recreational Opportunities!

AUCTION DATE: THURSDAY MARCH 28, 2024 Sale Time: 10:00 AM

Drone Footage & Brochure:

We will offer the following Real Estate at Auction located at 512 S. 1st Ave, Montrose, SD. From the Montrose Exit #374 on I-90, 2 miles north on Co. Hwy. (451st Ave.) to the Jct. of SD Hwy 38 & 451st Ave, then 3/10 Mile SE on Hwy. #38, and 1/10th Mile North on S. 1st Ave. Auction conducted at Parcel #1.

PARCEL #1 – LEGAL DESC.: The S. 387.67’ of Outlot D and Vacated Dakota Street in Kluckhohn’s Addn. to the City of Montrose, McCook County, SD: +/-3.47 Acre Improved Site – The improvements on Parcel #1 consists of a 45’x60’ Pole Building w/ sliding doors on each end, dirt floor, open front on South end. This building has electricity & did previously have water but utilities are not in service. Additionally, this parcel has a 24’x30’ Barn w/ open area for parking as well as a main area utilized for livestock shelter. Lastly, there is a 8’x16’ Utility Shed w/ vinyl siding & steel roof. This parcel has existing utilities onsite w/ City Water & Sewer, and electricity provided through McCook Electric. It should be noted that this parcel is located in Zone AE Floodway based on FEMA & County information & any improvements on or made to the property may be uninsurable. Any future use of this property would additionally be subject to City of Montrose Zoning. Buyers are encouraged to do their own due diligence with the City &/or County pertaining to future use of the property.

PARCEL #2: +/-13.99 Acre Cropland Parcel – LEGAL DESC.: All of Outlot E & F Kluckhohn’s Addition. City of Montrose, and RR ROW of CSt.PMO RW Co. over & Across the SE ¼ of the NW ¼ of Sec. 27, T. 103 N., R. 53W., to include the Former RR Prop. Lying Adj. to Outlot D, E, & F, McCook Co., SD – This parcel is located directly east of Parcel #1 on the E. side of the Vermillion River. Access to Parcel #2 is provided through a 20’ Perpetual Easement granted by a neighboring landowner which travels north off SD Hwy. 38 across the East Half of the SE Quarter of 27-103-53. When traveling to view Parcel 2 please be respectful to joining landowners do not travel off the existing path. This parcel is virtually 100% tillable and according to FSA information indicates that this parcel consists of +/-11.34 acres of cropland. According to information obtained from Surety Agridata Inc., this parcel has a weighted average productivity index of an 84.0. According to county assessors information this parcel has a soil rating of a .907. This would be a nice parcel for a hobby farmer, existing operator, or Hunter & Wildlife Enthusiast looking for a small parcel of land within a close proximity to Sioux Falls, SD & other surrounding communities.

TERMS: Cash – 10% non-refundable downpayment due on sale day & balance on or before May 10th, 2024 with possession. Marketable title will be conveyed with an owner’s title insurance policy provided with the cost divided 50-50, as well as a title company fee, if any, will be divided 50-50 between the buyer and seller. All of the 2023 RE taxes in the amount of $1,429.56 payable in 2024 will be paid by the seller with the buyer(s) to be responsible for 100% of the 2024 taxes payable in 2025. This property is sold in “AS IS” condition and the merchantability or suitability of this property for any particular purpose is not guaranteed. Information contained herein is deemed to be correct but is not guaranteed. The acres in the respective parcels are based on a survey completed by Meyer Land Surveying, LLC with the acres understood to be more or less. Sold subject to City of Montrose &/or McCook County zoning, easements, restrictions, reservations and highways of record, if any. The RE Licensees/Auctioneers in this transaction stipulate that they are acting as agents for the seller. Sold subject to confirmation of the sellers. For showings or additional information, contact the Auctioneers.

Broker Participation Welcome, with a 1% commission payable to a licensed SD RE Broker who properly pre-registers and represents a successful purchaser at the auction and that meets the prescribed criteria for Broker Participation.


SUTTON AUCTIONEERS & LAND BROKERS, LLC – Sioux Falls, Flandreau, SD, & Pipestone, MN

CHUCK SUTTON – Auctioneer & Land Broker – ph. 605-336-6315

JARED SUTTON CAI – Auctioneer & RE Broker Assoc. – 605-864-8527

TERRY HAIAR – RE Auctioneer – Alexandria, SD – ph. 605-239-4626


512 1st Avenue, Montrose, SD 57048, USA
Montrose, SD

Auction Location / Nearest City:

512 1st Avenue, Montrose, SD 57048, USA

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