Bank Building with
3302 E 10th Street, Sioux Falls, SD 57103
For Sale
Contact for pricing
A three-lane service layout includes a separate ATM lane, with no bank-user restriction.
Property Size3,302 SF
Lot Size0.69 Acres
Price / SF$333.13
Days on Market18
Property Features for 3302 E 10th Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Property Use
Amenities
three lane drive-thru and ATM lane
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Vantis Commercial
Listed By:
Craig Hagen · License SD #10123
(605) 310-4227
Source:
Crexi
Added: Oct 23
Changed: Nov 8
Last Checked: Nov 8 at 5:46PM
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 Vantis Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The bank building contains 3,302 square feet and was constructed in 2004. Site improvements include a three-lane drive-through, a dedicated ATM lane, and 14 parking spaces. There is no restriction requiring a bank user. The property occupies approximately 30,074 square feet of land and is zoned RE3 Parking-Oriented Retail Employment. Availability is scheduled for November 2026.
Key Highlights
- 3,302 SF bank building constructed in 2004
- Three‑lane drive‑through plus a separate ATM lane
- 14 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,983
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,660
$879.7K
Cap Rate 7%
$628,329
$628.3K
Cap Rate 9%
$488,700
$488.7K
Market Conditions
NOI Build-Up for 3,302 SF
Gross rent
$63.4K $19.20/SF
− Vacancy
−$4.8K −$1.44/SF
EGI
$58.6K $17.76/SF
− OpEx
−$14.7K −$4.44/SF
NOI
$44.0K $13.32/SF
Area
Sioux Falls, SD
Vacancy
7.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,660
Cap Rate 7%
$628,329
Cap Rate 9%
$488,700
Alternative Uses
Best Use
Specialty Retail
$628.3K
$549.8K – $733.1K
NOI $43,983 @ 7.0% cap · market cap 4.00%
Second Best
Retail
$546.8K
$478.5K – $638.0K
NOI $38,277 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$896.6K
$784.6K – $1.05M
NOI $62,764 @ 7.0% cap · market cap 5.71%
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
Location Intelligence
Trade Area within ½ mile
365
Businesses Nearby
172k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 27%
Shops & Services 20%
Apparel 13%
Hy-Vee
Groceries
46,035 visits/mo
0.2 miles
Runnings
Apparel
21,724 visits/mo
0.2 miles
Taco Bell
Dining
17,916 visits/mo
0.0 miles
Starbucks
Dining
12,382 visits/mo
0.1 miles
Dollar Tree
Shops & Services
11,018 visits/mo
0.3 miles
Demographics for 57103, SD
36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bank - A three-lane service layout includes a separate ATM lane, with no bank-user restriction.
Where is this bank located?
The property is located at 3302 E 10th Street Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,302 SF bank building constructed in 2004; Three‑lane drive‑through plus a separate ATM lane; 14 parking spaces
