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    401 N Phillips Ave Sioux Falls, SD 57104

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    For Lease
    $14 SF/Yr ($9,062 /Mo)

    Customizable office space with new systems and unique architectural features.

    Property size:
    7,500 SF
    Lot size:
    0.30 Acres

    Property Features for 401 N Phillips Ave

    General Information

    Size
    7,500 SF
    Lot size
    0.30 Acres

    Source: Nelson Commercial Agent Ron Nelson

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

    Overview

    Renovated Office Space Available

    The property features office space on the first floor and garden level, with planned renovations including all new systems. The space can be custom designed to meet specific size and configuration requirements. A redesigned main level entrance will include a glass atrium to be added on the northeast corner of the building. The space will have new HVAC and mechanical systems, as well as fiber optic connectivity. The interior will feature exposed walls of natural Sioux Quartzite, along with original post and beams. The space is able to be subdivided. The property has a total size of 7500 square feet. Rates are dependent on location and configuration within the building.
    Insight Report Location Intelligence

    Current Use by Public Records

    DJ Mccullough Art ... Artist

    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
    -96.727271
    Latitude
    43.5514679

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    FAQs

    What type of property is this?
    Office space - Customizable office space with new systems and unique architectural features.
    Where is this office space located?
    The property is located at 401 N Phillips Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Totally renovated space with all new systems on the 1st floor and Garden Level.; - Custom design your size and space configuration.; - Exposed walls of natural Sioux Quartzite and original post & beams.
    (605) 728-7600
    Request Owner's contact information
    401 N Phillips Ave Sioux Falls, SD 57104
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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
    401 N Phillips Ave Sioux Falls, SD 57104
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