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    140 N Phillips Ave Sioux Falls, SD 57104

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    For Lease
    $15 SF/Yr ($1,641 /Mo)

    Renovated office space with downtown and river views.

    Property size:
    1,313 SF
    Lot size:
    0.36 Acres

    Property Features for 140 N Phillips Ave

    General Information

    Size
    1,313 SF
    Lot size
    0.36 Acres

    Source: Legacy Development Agent Brianna McLaughlin

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

    Overview

    Downtown Sioux Falls Office Space

    This newly renovated office space is available for rent and can be customized. The property is located in downtown Sioux Falls and offers views of the city and the Big Sioux River. The rental rate is between $15.00 and $20.00 per square foot (NNN). The property size is 1,313 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM outside Heritage ... Atm Experity Software Company Cutler Law Firm, ... Attorney JTC - South Dakota Financial Institution IpHorgan Limited (Sioux ... Patent Attorney

    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
    -96.7265908
    Latitude
    43.5482998

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    FAQs

    What type of property is this?
    Office space - Renovated office space with downtown and river views.
    Where is this office space located?
    The property is located at 140 N Phillips Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Incredible views of downtown Sioux Falls and the Big Sioux River; - Located in the heart of downtown Sioux Falls; - Newly renovated space
    (605) 444-0400
    Request Owner's contact information
    140 N Phillips Ave Sioux Falls, SD 57104
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    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
    140 N Phillips Ave Sioux Falls, SD 57104
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