3401 N 1st Ave, Sioux Falls, SD
Crossdock terminal and storage building near I-90 in Sioux Falls.
- Added:
- May 26, 2025
- Days on Market:
- 406
- Last Refresh:
- May 20 at 9:28 pm
Property Features for 3401 N 1st Ave
General Information
- Standard status
- Active
- Size
- 12,070 SF
- Lot size
- 2.71 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 3401 N 1st Ave Contact us
Listing office Bender Commercial (605) 579-0189
Listing date May 26, 2025
Source Moodyscre
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 Bender Commercial
HighLights
- Easy access to I‑90 and I‑229.
- 24 Truck bays.
- Crossdock terminal and storage building.
- Located in Sioux Empire Development Park Three near the Sioux Falls Regional Airport.
- 4,800 SF storage building with three 14' grade‑level doors.
- 2.71 acres lot.
Overview
Local Financial Insights For Warehouse
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 | $130.4k | $10.80 |
| − Vacancy | −$5.5k | −$0.46 |
| EGI | $124.8k | $10.34 |
| − OpEx | −$18.7k | −$1.55 |
| NOI | $106.1k | $8.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.7254
- Latitude
- 43.5138
