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    5005-5035 S Louise Ave Sioux Falls, SD 57106

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    For Lease
    $18 SF/Yr ($3,559 /Mo)

    Retail space in high-traffic area with flexible floorplan.

    Property size:
    2,373 SF
    Lot size:
    4.78 Acres

    Property Features for 5005-5035 S Louise Ave

    General Information

    Size
    2,373 SF
    Lot size
    4.78 Acres

    Source: Bender Commercial Agent Alex Soundy

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

    Overview

    Retail Space in Village on Louise

    This retail space is located in the Village on Louise. The property features a flexible floorplan, two restrooms, and a shower room. Building and monument signage are available. Ample parking is provided. The location benefits from a high-traffic intersection with a combined daily traffic count of 44,400 vehicles. Easy access is available via Louise Avenue, 57th Street, 41st Street, and I-29. Other tenants in the Village on Louise include Panera, Cherry Berry, Olive Destination, barre3, Great Clips, Marco's Pizza, Noodles & Company, and Royal Palace. The property contains 2,373 square feet. TI Allowance is negotiable.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Auto Parts 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
    -96.7728856
    Latitude
    43.4999453

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    FAQs

    What type of property is this?
    Retail space - Retail space in high-traffic area with flexible floorplan.
    Where is this retail space located?
    The property is located at 5005-5035 S Louise Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location at the intersection of 57th Street and Louise Avenue with a combined daily traffic count of 44,400 vehicles.; - Located in the successful Village on Louise retail center.; - Easy access from Louise Avenue, 57th Street, 41st Street, and I-29.
    (605) 376-3700
    Request Owner's contact information
    5005-5035 S Louise Ave Sioux Falls, SD 57106
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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
    5005-5035 S Louise Ave Sioux Falls, SD 57106
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