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    101 S Reid St Sioux Falls, SD 57103

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    For Lease
    $24 SF/Yr

    High-end office suite with river views and many amenities.

    Property size:
    15,820 SF
    Lot size:
    3.08 Acres

    Property Features for 101 S Reid St

    General Information

    Size
    15,820 SF
    Lot size
    3.08 Acres

    Source: Lloyd Companies - Corporate Agent Raquel Blount, SIOR

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

    Overview

    Class A Office Space Available

    This third-floor office suite features a large open cubicle area, two conference rooms, six offices, a break room, and a large training room. The suite has Class A finishes and is accessible via multiple elevators. There is potential to subdivide the space. Amenities include access to an exercise facility, a patio overlooking the Big Sioux River, a community training room, and a common area break room. Covered parking may be available in an attached ramp, with overflow parking nearby. The Lumber Exchange provides direct access to the Greenway Recreation Main Bike Trail, a 19.13-mile loop that runs along the Big Sioux River. The property offers potential for various business uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Read About It ... Magazine Store GoEngineer- Sioux Falls Software Company USCIS Application Support ... Federal Government Office CNA Surety Insurance Agency Kirby Brian K Attorney

    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
    -96.7236634
    Latitude
    43.5474513

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    FAQs

    What type of property is this?
    Office space - High-end office suite with river views and many amenities.
    Where is this office space located?
    The property is located at 101 S Reid St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Class A Finishes; - Large suite featuring an open cubicle area, 2 conference rooms, 6 offices, break room, and large training room; - Access to Greenway Recreation Main Bike Trail
    (605) 323-2820
    Request Owner's contact information
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    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
    101 S Reid St Sioux Falls, SD 57103
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