Renovated Executive Office
600 E TAN TARA Cir Sioux Falls, SD 57108
For Sale
$1,198,400
COMMERCIAL - Sioux Falls, SD
Property Size2,942 SF
Lot Size0.42 Acres
Price / SF$407.34
Days on Market144
Property Features for 600 E TAN TARA Cir
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- O- Office, The buyers sho
- Security features
- Security Lighting
- Standard status
- Active
- APN
- 280.23.13.004
- Size
- 2,942 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Description
- Lot 4 Block 13 prairie green add to the city of Sioux Falls
- Tax Annual Amount
- 9470
Utilities
- Utilities
- Water Available
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1997
- Flooring type
- Tile, Wood, Carpet
- Building materials
- Frame, Masonry
- Roof type
- Composition
Listing Agency:
Midwest Realty
(605) 256-6921
Listed By:
Christopher Thompson
(605) 256-6921
Added: Mar 3
Changed: Jul 25
Last Checked: Jul 25 at 10:06AM
MLS# 22601434
Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated executive office building is offered for sale and includes upgraded interior and exterior improvements. The property features an elevated, golf-course setting overlooking the 18th green, providing a distinctive environment for client-facing use.
Located in a professional corridor in Sioux Falls, the property offers convenient access to major arterial roads, downtown Sioux Falls, retail, and executive residential neighborhoods. The surrounding area includes established medical and professional offices.
The building is positioned on a 0.4194-acre lot and contains 2,942 square feet of office space. Zoning is listed as O- Office.
Located in a professional corridor in Sioux Falls, the property offers convenient access to major arterial roads, downtown Sioux Falls, retail, and executive residential neighborhoods. The surrounding area includes established medical and professional offices.
The building is positioned on a 0.4194-acre lot and contains 2,942 square feet of office space. Zoning is listed as O- Office.
Key Highlights
- 600 E Tan Tara Circle executive office overlooking the 18th green
- Frame and masonry construction
- Central heating and central air conditioning
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.8k | $21.00 |
| − Vacancy | −$9.3k | −$3.15 |
| EGI | $52.5k | $17.85 |
| − OpEx | −$13.1k | −$4.46 |
| NOI | $39.4k | $13.39 |
2,942 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$562.7K
$492.3K – $656.4K
NOI $39,386 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$798.9K
$699.0K – $932.0K
NOI $55,922 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Krause Law Firm, ...
Law Firm
Dorothy Law Firm ...
Law Firm
Fuller Tax Solutions
Tax Preparation
FAQs
What type of property is this?
Office building - Renovated office building with golf-course views and convenient access to major arterial roads and downtown Sioux Falls.
Where is this office building located?
The property is located at 600 E TAN TARA Cir Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,198,400.
What are key features of this property?
This property features: 600 E Tan Tara Circle executive office overlooking the 18th green; Frame and masonry construction; Central heating and central air conditioning
