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    1403-1413 N Marion Rd Sioux Falls, SD 57106

    For Lease
    $26 SF/Yr ($8,684 /Mo)

    Retail space available near schools and colleges with parking.

    Property size:
    4,008 SF
    Lot size:
    1.89 Acres

    Property Features for 1403-1413 N Marion Rd

    General Information

    Size
    4,008 SF
    Lot size
    1.89 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 Space Near Jefferson High

    This retail space, totaling 4,008 square feet, is located across the street from Jefferson High School, which has a student population of 1,713 as of the 2023-2024 school year. The site benefits from its location at the intersection of Marion Road and Career Avenue, which leads directly to the Southeast Technical College campus, serving 3,019 students in the 2023-2024 academic year. Other nearby educational institutions include Sioux Falls New Technology High School, Hayward Elementary School, and George McGovern Middle School. The property offers potential for a patio and includes 113 shared parking stalls. Co-tenants include Starbucks and Anytime Fitness. The space is currently available for tenant build-outs.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Building Supply Gym & Fitness Pharmacy Auto Repair Shop Daycare Center Wholesale Shop Department 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
    -96.7917592
    Latitude
    43.5631611

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    FAQs

    What type of property is this?
    Retail space - Retail space available near schools and colleges with parking.
    Where is this retail space located?
    The property is located at 1403-1413 N Marion Rd Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Marion and Career Ave, leading to Southeast Technical College.; - Across the street from Jefferson High School.; - Shared parking with 113 stalls.
    (605) 323-2820
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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
    1403-1413 N Marion Rd Sioux Falls, SD 57106
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