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    421 N Phillips Ave Sioux Falls, SD 57104

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    For Lease
    $3,546 /Mo ($30 SF/Yr)

    Retail space for lease with street access and parking.

    Property size:
    1,400 SF
    Lot size:
    0.02 Acres

    Property Features for 421 N Phillips Ave

    General Information

    Size
    1,400 SF
    Lot size
    0.02 Acres

    Source: BHHS - Midwest Realty | Sioux Falls Agent Stacey Sieverding

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

    Overview

    Retail Space on Phillips Avenue

    This retail space offers access to Phillips Avenue and is located within walking distance of the Falls, Levitt, and Jacobson Plaza. The property benefits from front door street parking and proximity to major entertainment venues. The space is available for lease at $3,546 per month on a modified gross lease, with the tenant responsible for electricity costs for the suite. The property size is 1,400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Net Profit Marketing Marketing Agency Jones421 Market Boki European Street ... Mediterranean Restaurant North End Bakery ... Restaurant Boki Gelato and Cafe Ice Cream Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    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
    -96.7270344
    Latitude
    43.5516197

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease with street access and parking.
    Where is this retail space located?
    The property is located at 421 N Phillips Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Phillips Ave access; - Walking distance to the Falls, Levitt and Jacobson Plaza; - Proximity to major entertainment venues
    (605) 728-1390
    Request Owner's contact information
    421 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
    421 N Phillips Ave Sioux Falls, SD 57104
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