Sioux Falls Truck Terminal For
3401 N 1st Ave Sioux Falls, SD
3401 N 1st Ave, Sioux Falls, SD, 00000
Contact for pricing
For Sale
Contact for pricing
Crossdock terminal and storage building near I-90 in Sioux Falls.
Property Size12,070 SF
Lot Size2.71 Acres
Price / SF$165.29
Days on Market419
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 Agency
Bender Commercial
(605) 579-0189
Listed by
Bradyn Neises · License #16240
(605) 579-0189
Source
Moodyscre
Added: May 26, 2025 Checked: Jul 17 at 5:46 am
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.
This property features a 7,270-square-foot terminal with office space and 24 truck bays, along with a 4,800-square-foot storage building equipped with three 14-foot grade-level doors. Situated on a 2.71-acre lot, the property is located in the Sioux Empire Development Park Three, near the Sioux Falls Regional Airport. The property offers convenient access to Benson Road, Cliff Avenue, I-90, and I-229. Neighboring businesses include Graco, Krohmer Plumbing, Cole Papers, Dakota Splash, and Winwater. This crossdock terminal and storage building is suitable for truck terminal, distribution, industrial, and warehouse purposes.
Key Highlights
- Easy access to I‑90 and I‑229.
- 24 Truck bays.
- Crossdock terminal and storage building.
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 |
12,070 SF · lease $10.80/SF/yr · vacancy 4.25% · expense 15.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Truck terminals
Similar For Sale Nearby
FAQs
What type of property is this?
Truck terminal - Crossdock terminal and storage building near I-90 in Sioux Falls.
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: Easy access to I‑90 and I‑229.; 24 Truck bays.; Crossdock terminal and storage building.
