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    2412 E 10Th St Sioux Falls, SD 57103

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    For Sale
    $875,000

    Mixed-use property featuring apartments and retail spaces for sale.

    Property size:
    12,554 SF
    Lot size:
    0.24 Acres

    Property Features for 2412 E 10Th St

    General Information

    Size
    12,554 SF
    Lot size
    0.24 Acres

    Source: NAI | Sioux Falls Agent Dale Zomer

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

    Overview

    Mixed-Use Property With Retail

    This mixed-use property features seven fully leased apartments with rents ranging from $700 to $975. Additionally, the property includes two retail spaces, with the front unit leased for $1,200 and the back unit for $1,000. The property's EBITDA for 2024 is $62,880. The property has a size of 12,554 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gash Barka Grocery Store Vigo Money Transfer Service

    Suggested Use

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

    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
    -96.7592841
    Latitude
    43.5461723

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring apartments and retail spaces for sale.
    Where is this mixed-use property located?
    The property is located at 2412 E 10Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Fully leased 7 apartments providing immediate rental income.; - Two retail tenants contributing to income stream.; - EBITDA 2024: $62,880 indicates strong profitability.
    (605) 357-7100
    Request Owner's contact information
    2412 E 10Th St Sioux Falls, SD 57103
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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
    2412 E 10Th St Sioux Falls, SD 57103
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