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    1800 S Summit Ave Sioux Falls, SD 57105

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    For Lease
    $12 SF/Yr ($2,281 /Mo)

    Move-in ready office space with included furniture and parking.

    Property size:
    2,190 SF
    Lot size:
    0.50 Acres

    Property Features for 1800 S Summit Ave

    General Information

    Size
    2,190 SF
    Lot size
    0.50 Acres

    Source: Lloyd Companies - Corporate Agent Kristen Zueger, SIOR

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

    Overview

    Renovated Office Space with Furniture

    This office space, renovated in 2022, features a floor plan that includes a large open work area, two private offices, a conference room, a small kitchenette-style area, and a restroom. The full basement can be used for storage and is shared with the first-floor tenant. All furniture is included in the lease. There are 29 surface parking stalls on-site, providing a ratio of 1 stall per 153 square feet. Excellent signage opportunities are available. The property is zoned O - Office. Built in 1951, the property is located near Keystone Mortgage, Sunny’s Pizzeria, Walgreens, Wells Fargo, and Caribou Coffee. The intersection of 26th Street and Minnesota Avenue attracts a combined 38,776 vehicles per day. The NNN lease includes taxes, insurance, and HVAC maintenance. Tenants are responsible for their proportionate share of utilities, lawn care, and snow removal. The property size is 2190 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Agents Real Estate Agency John Maurer, THE AGENT, ... Real Estate Agency Peterson Acquisitions: Your ... Business Broker Sell with Seth ... Real Estate Agent

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -96.735871
    Latitude
    43.5292174

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    FAQs

    What type of property is this?
    Office space - Move-in ready office space with included furniture and parking.
    Where is this office space located?
    The property is located at 1800 S Summit Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Renovated in 2022; - Includes furniture; - **High traffic location (38,776 VPD)**
    (605) 323-2820
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    1800 S Summit Ave Sioux Falls, SD 57105
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    Sioux Falls, SD 57105
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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
    1800 S Summit Ave Sioux Falls, SD 57105
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