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    707 S Minnesota Ave Sioux Falls, SD 57104

    For Sale
    $1,799,999

    7,126 SF fully leased retail strip mall for sale.

    Property size:
    7,126 SF

    Property Features for 707 S Minnesota Ave

    General Information

    Size
    7,126 SF

    Building Details

    Year built
    1990

    Source: Dennis Breske, CCIM, SIOR, MBA Agent Dennis Breske, CCIM, SIOR, MBA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Mall For Sale

    This is a 7,126 square foot retail strip mall constructed in 1990. The property is situated on a 0.45-acre lot, which is equivalent to 19,800 square feet. Upgrades to the property include updated flooring, ceiling tiles, and lighting. The zoning is C-2. The real estate taxes were $12,506.64 in 2024. The property is fully leased.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LaborMax Staffing - Sioux ... Employment Agency LaborMax Staffing Temp Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7318513
    Latitude
    43.5393696

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    FAQs

    What type of property is this?
    Strip mall - 7,126 SF fully leased retail strip mall for sale.
    Where is this strip mall located?
    The property is located at 707 S Minnesota Ave Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $1,799,999.
    What are key features of this property?
    This property features: - Fully Leased Retail Strip Mall; - 7,126 SF Building Size; - Lot Size: .45 Acres (19,800 SF)
    (605) 310-6666
    Request Owner's contact information
    707 S Minnesota Ave Sioux Falls, SD 57104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    707 S Minnesota Ave Sioux Falls, SD 57104
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