Crossdock Truck
For Sale
Contact for pricing
3401 N 1st Ave, Sioux Falls, SD 57104
Crossdock facility with office space, truck bays, and a separate storage building.
Property Size12,070 SF
Lot Size2.71 Acres
Price / SF$165.29
Days on Market508
Property Features for 3401 N 1st Ave
General Information
Standard status
Active
Size
12,070 SF
Lot size
2.71 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
4,800 SF
Dock-High Doors
24
Drive-In Doors
3
Loading
Cross-Dock
Building Details
Buildings
2
Listing Agency:
Bender Commercial
(605) 336-7600
Listed By:
Bradyn Neises · License #16240
(605) 579-0189
Source:
Moodyscre
Added: May 26, 2025
Changed: Oct 2
Last Checked: Oct 12 at 11:00PM
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
Investment Insights
Based on property information with market context.
The property includes a 7,270 SF crossdock terminal with office space and 24 truck bays. A separate 4,800 SF storage building adds three 14′ grade-level doors, supporting loading and storage functions across the 2.71-acre site.
Located within Sioux Empire Development Park Three near the Sioux Falls Regional Airport, the property provides access to Benson Road, Cliff Avenue, I-90, and I-229. Nearby businesses include Graco, Krohmer Plumbing, Cole Papers, Dakota Splash, and Winwater.
Located within Sioux Empire Development Park Three near the Sioux Falls Regional Airport, the property provides access to Benson Road, Cliff Avenue, I-90, and I-229. Nearby businesses include Graco, Krohmer Plumbing, Cole Papers, Dakota Splash, and Winwater.
Key Highlights
- 7,270 SF crossdock terminal with office space
- 24 truck bays
- 4,800 SF storage building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,093
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,121,860
$2.1M
Cap Rate 7%
$1,515,614
$1.5M
Cap Rate 9%
$1,178,811
$1.2M
Market Conditions
NOI Build-Up for 12,070 SF
Gross rent
$130.4K $10.80/SF
− Vacancy
−$5.5K −$0.46/SF
EGI
$124.8K $10.34/SF
− OpEx
−$18.7K −$1.55/SF
NOI
$106.1K $8.79/SF
Area
Sioux Falls, SD
Vacancy
4.25%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,121,860
Cap Rate 7%
$1,515,614
Cap Rate 9%
$1,178,811
Alternative Uses
Best Use
Warehouse
$1.52M
$1.33M – $1.77M
NOI $106,093 @ 7.0% cap · market cap 5.32%
Second Best
Industrial
$1.18M
$1.03M – $1.38M
NOI $82,517 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$3.28M
$2.87M – $3.82M
NOI $229,427 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
24
Dock-high doors
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Explore this area
Business Placement
Demographics for 57104, SD
26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Truck terminal - Crossdock facility with office space, truck bays, and a separate storage building.
Where is this truck terminal located?
The property is located at 3401 N 1st Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 7,270 SF crossdock terminal with office space; 24 truck bays; 4,800 SF storage building
