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    621 W Russell St Sioux Falls, SD 57104

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    For Sale
    $2,230,000

    High-quality building with visibility on Russell Street, Sioux Falls.

    Property size:
    20,141 SF
    Lot size:
    1.18 Acres

    Property Features for 621 W Russell St

    General Information

    Size
    20,141 SF
    Lot size
    1.18 Acres

    Source: NAI | Sioux Falls Agent Dennis Breske, CCIM, SIOR

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

    Overview

    Well-Maintained Building on Russell Street

    This well-maintained, high-quality masonry and steel building features a newer roof and HVAC system. The east two-story section includes an elevator shaft, allowing for elevator installation. The property benefits from significant visibility on Russell Street. The building can be divided to accommodate multiple tenants, potentially two to three. It is located in Sioux Falls, South Dakota, and zoned C-3. The property has a size of 20141 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Innovative Office Solutions Office Supply Store Innovative Office Solutions-Print/Promo ... Promotional Products Supplier

    Suggested Use

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

    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
    -96.735243
    Latitude
    43.5634359

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    FAQs

    What type of property is this?
    Office building - High-quality building with visibility on Russell Street, Sioux Falls.
    Where is this office building located?
    The property is located at 621 W Russell St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $2,230,000.
    What are key features of this property?
    This property features: - Great visibility to Russell Street; - Can be divided to create a multi-tenant building (2-3 tenants); - Well maintained with newer roof & HVAC
    (605) 357-7100
    Request Owner's contact information
    621 W Russell St 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
    621 W Russell St Sioux Falls, SD 57104
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