Office Building with Monument
For Sale
Contact for pricing
1800 S Alpine Ave, Sioux Falls, SD 57110
Two-level office building offering lower and upper suites with dedicated reception and conference space, available immediately.
Property Size3,136 SF
Price / SF$196.11
Days on Market277
Property Features for 1800 S Alpine Ave
General Information
Standard status
Active
Size
3,136 SF
Property subtype
OFFICE
Amenities
Daktronics monument sign
shed for storage
Building Details
Stories
2
Listing Agency:
NAI | Sioux Falls
(605) 251-7625
Listed By:
Gregg Brown, SIOR · License #20218
(605) 306-2519
Source:
Moodyscre
Added: Oct 30, 2025
Changed: Jul 31
Last Checked: Aug 2 at 7:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI | Sioux Falls
Investment Insights
Based on property information with market context.
This office building is designed for flexible occupancy, including an owner-occupant layout. The lower level features four offices plus a kitchen and a conference room. The upper level includes six offices served by a reception desk. The property totals 3,136 SF and is available immediately, with the option to be sold vacant.
The building includes 137 linear feet of 26th Street frontage and a Daktronics monument sign. A shed on-site provides storage for lawn and snow equipment.
With its two-level office configuration and prominent street frontage, the property can support a range of office uses that benefit from a clear internal office mix and a defined public-facing presence at the entrance.
The building includes 137 linear feet of 26th Street frontage and a Daktronics monument sign. A shed on-site provides storage for lawn and snow equipment.
With its two-level office configuration and prominent street frontage, the property can support a range of office uses that benefit from a clear internal office mix and a defined public-facing presence at the entrance.
Key Highlights
- 3,136 SF two‑level office building available immediately
- Lower level: four offices plus kitchen and conference room
- Upper level: six offices with reception desk
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.9k | $21.00 |
| − Vacancy | −$9.9k | −$3.15 |
| EGI | $56.0k | $17.85 |
| − OpEx | −$14.0k | −$4.46 |
| NOI | $42.0k | $13.39 |
3,136 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$599.8K
$524.8K – $699.7K
NOI $41,983 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$851.6K
$745.1K – $993.5K
NOI $59,609 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 57110, SD
22,013
Population
9,178
Households
2.4
Avg Household Size
35
Median Age
43%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,053
Density / Sq Mi
$87,114
Median Household Income
$52,202
Median Earnings
$1,018
Median Rent
$365,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-level office building offering lower and upper suites with dedicated reception and conference space, available immediately.
Where is this office building located?
The property is located at 1800 S Alpine Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 3,136 SF two‑level office building available immediately; Lower level: four offices plus kitchen and conference room; Upper level: six offices with reception desk
