Flex Space with Shop and
New
For Sale
$950,000
25753 Cottonwood Ave, Sioux Falls, SD 57107
COMMERCIAL, Sioux Falls, SD
Property Size4,675 SF
Lot Size1.00 Acre
Price / SF$203.21
Days on Market3
Property Features for 25753 Cottonwood Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial/Industrial
Subdivision
Haugs Addn to Benton Twp 12-102-50
Directions
Head N on I-29, take exit 86 towards Renner/Crooks, left onto 258th St, Turn right onto Cottonwood
Standard status
Active
APN
71728
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
Lot 1 Block 5 HAUGS 2ND ADDN SE1/4 12-102-50 BENTON TOWNSHIP
Tax Annual Amount
2415
Legal Description
Lot 1 Block 5 HAUGS 2ND ADDN SE1/4 12-102-50 BENTON TOWNSHIP
Utilities
Utilities
Natural Gas Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2008
Flooring type
Carpet, Vinyl, Concrete
Building materials
Frame, Metal Siding
Roof type
Metal
Listing Agency:
Key Real Estate
Listed By:
Nick Nelsen
(605) 334-0707
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 10:06PM
MLS# 22608028
Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property combines a shop with an updated office area, a full bathroom, and a partial kitchen. The 55' x 85' building includes new concrete in the shop, upgraded LED lighting, a newer furnace, and two 10' x 12' overhead doors. The site encompasses 1 acre and has additional parking. Commercial/Industrial zoning is designated for the property.
Key Highlights
- 55' x 85' building on 1 acre
- Shop area with new concrete and updated LED lighting
- Two 10' x 12' overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,988
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,760
$959.8K
Cap Rate 7%
$685,543
$685.5K
Cap Rate 9%
$533,200
$533.2K
Market Conditions
NOI Build-Up for 4,675 SF
Gross rent
$78.5K $16.80/SF
− Vacancy
−$4.7K −$1.01/SF
EGI
$73.8K $15.79/SF
− OpEx
−$25.8K −$5.53/SF
NOI
$48.0K $10.26/SF
Area
Sioux Falls, SD
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,760
Cap Rate 7%
$685,543
Cap Rate 9%
$533,200
Alternative Uses
Best Use
Flex RnD
$685.5K
$599.9K – $799.8K
NOI $47,988 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$456.6K
$399.5K – $532.7K
NOI $31,961 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,862 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57107, SD
11,915
Population
4,851
Households
2.5
Avg Household Size
32
Median Age
30%
College-Educated
91%
High-School Grad
46.8 sq mi
ZIP Area
255
Density / Sq Mi
$76,719
Median Household Income
$46,126
Median Earnings
$1,079
Median Rent
$250,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A refreshed office, full bathroom, and partial kitchen complement the shop area.
Where is this flex space located?
The property is located at 25753 Cottonwood Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 55' x 85' building on 1 acre; Shop area with new concrete and updated LED lighting; Two 10' x 12' overhead doors
