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    1200 E 3Rd St Sioux Falls, SD 57103

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    For Lease
    $1,830 /Mo ($21 SF/Yr)

    Office/retail spaces available in downtown Sioux Falls near Eastbank.

    Property size:
    1,045 SF
    Lot size:
    1.73 Acres

    Property Features for 1200 E 3Rd St

    General Information

    Size
    1,045 SF
    Lot size
    1.73 Acres

    Source: Bender Commercial Agent Andi Anderson

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

    Overview

    Office/Retail Space in Sioux Falls

    Various sized office and retail spaces are available for rent at the corner of 3rd Street and Cliff Avenue. The leases are gross plus utilities, which include electricity, gas, water, and garbage. The property is located near the Eastbank and Riverview Districts of downtown Sioux Falls. Suite 110 may have access to a patio and outdoor seating. The location offers great visibility with a daily traffic count of over 13,000 vehicles. A large rear parking lot is available, with additional street parking. The property provides easy access to East 10th Street and Cliff Avenue.
    Insight Report Location Intelligence

    Current Use by Public Records

    U.N.A RECORD Video Production Service IRC Studios Media Company Mama Africa Fashion ... Grocery Store Eli Home Care ... Home Health Care Service

    Suggested Use

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

    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
    -96.7107952
    Latitude
    43.555234

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    • $21 SF/Yr
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      Prime Retail Complex Available Now

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    FAQs

    What type of property is this?
    Office space - Office/retail spaces available in downtown Sioux Falls near Eastbank.
    Where is this office space located?
    The property is located at 1200 E 3Rd St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on the corner of 3rd Street and Cliff Avenue with a daily traffic count of over 13,000 vehicles.; - Large rear parking lot with additional street parking.; - Located near the Eastbank and Riverview Districts of downtown Sioux Falls.
    (605) 336-7600
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    1200 E 3Rd St Sioux Falls, SD 57103
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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
    1200 E 3Rd St Sioux Falls, SD 57103
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