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    3601 W 57Th St Sioux Falls, SD 57108

    For Sale
    $4,366,000

    Three retail condominium units for sale in Sioux Falls.

    Property size:
    15,924 SF
    Lot size:
    0.36 Acres

    Property Features for 3601 W 57Th St

    General Information

    Size
    15,924 SF
    Lot size
    0.36 Acres

    Source: Lloyd Companies - Corporate Agent Raquel Blount, SIOR

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

    Overview

    Retail Condominium Units For Sale

    This offering includes the purchase of three condominium units (Units B, C, and D) within the Shoppes at 57th Street Condominium Project. The project is managed by an association owned by four unit owners. Unit A is owned by First Interstate Bank. The property is part of an overall condo project site of approximately 1.93 acres. Tenants currently include Wingstop, Healing Touch Massage, Power Plate Meals, Advanced Dental, and The Honey Baked Ham Co. The property features two vacant suites in shell condition, presenting opportunities for a range of tenants or an owner-occupant. The location benefits from a daytime population of 20,532 and over 1,040 businesses within a 1-mile radius. Neighboring tenants include Taco John’s, Panera Bread, Juice Stop, barre3, Pomegranate Market, Tokyo, and The Tavern Grill. There are 101 shared surface stalls available on the overall condo project site. The property is surrounded by a mix of retail, office, and residential developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jessica Daale Chiropractor Nathan Dejong Chiropractor

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -96.7698829
    Latitude
    43.4999239

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    FAQs

    What type of property is this?
    Strip mall - Three retail condominium units for sale in Sioux Falls.
    Where is this strip mall located?
    The property is located at 3601 W 57Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $4,366,000.
    What are key features of this property?
    This property features: - High-traffic location with a strong daytime population and numerous businesses.; - Purchase includes three units within the Shoppes at 57th Street Condominium Project.; - Existing tenants include established businesses like Wingstop and The Honey Baked Ham Co.
    (605) 323-2820
    Request Owner's contact information
    3601 W 57Th St Sioux Falls, SD 57108
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    Sioux Falls, SD 57108
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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
    3601 W 57Th St Sioux Falls, SD 57108
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