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    121 S Franklin Ave Sioux Falls, SD 57103

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    For Lease
    $8 SF/Yr ($1,768 /Mo)

    Flex space in the East Bank sector of Sioux Falls.

    Property size:
    2,496 SF
    Lot size:
    1.34 Acres

    Property Features for 121 S Franklin Ave

    General Information

    Size
    2,496 SF
    Lot size
    1.34 Acres

    Source: Bender Commercial Agent Isaac Jorgensen

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

    Overview

    East Bank Flex Space Available

    This flex space is located in the East Bank sector near downtown Sioux Falls. The building, offering 2496 square feet, will be insulated and heated, and will feature a new garage door. Ample onsite parking is available. The property provides easy access to East 10th Street and Downtown, the Riverline District, and the East Bank area of Sioux Falls.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lockwood & Zahrbock Kool ... Divorce Lawyer Lockwood Attorneys Divorce Lawyer Farmhouse Market Store

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Myers' Elite Catering, CBM Correctional Food Services, En Place Catering, Vespa Catering

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7175916
    Latitude
    43.5468355

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    FAQs

    What type of property is this?
    Flex space - Flex space in the East Bank sector of Sioux Falls.
    Where is this flex space located?
    The property is located at 121 S Franklin Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Unique flex space opportunity in the East Bank near downtown Sioux Falls.; - Easy access to East 10th Street, Downtown, Riverline District and East Bank.; - Ample onsite parking.
    (605) 336-7600
    Request Owner's contact information
    121 S Franklin Ave 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
    121 S Franklin Ave Sioux Falls, SD 57103
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