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    Remodeled Office Space For Sale Title is generated by Realmo AI

    4105 S Carnegie Pl, Sioux Falls, SD

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    Remodeled office space near 49th Street and Louise Avenue.

    Type:OFFICE
    Property size:
    4,476 SF
    Lot size:
    0.41 Acres
    Price / SF:
    $221/SF
    Added:
    May 26, 2025
    Days on Market:
    406
    Last Refresh:
    May 20 at 8:13 pm

    Property Features for 4105 S Carnegie Pl

    General Information

    Standard status
    Active
    Size
    4,476 SF
    Lot size
    0.41 Acres
    Property subtype
    OFFICE

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    Isaac Jorgensen
    Isaac Jorgensen

    Listing office Bender Commercial

    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

    • Prime location near 49th Street and Louise Avenue with easy access to I‑229.
    • Two suites available: Suite 1 (waiting area, eight offices, conference room, break room) and Suite 2 (separate entrance, eight offices, work area).
    • Recently remodeled office space.
    • Individually secured offices with keypad locks.
    • Parking ratio of 1 space per 172 SF.
    • Common area restrooms.

    Overview

    This recently remodeled office space is located near 49th Street and Louise Avenue in southwest Sioux Falls. The property offers individually secured offices with keypad locks. Suite 1 includes a waiting area, eight offices, a conference room, and a break room. Suite 2 features a separate entrance, eight offices, and a work area. Common area restrooms are available. The parking ratio is 1 space per 172 square feet. The property provides easy access to 49th Street, Louise Avenue, and I-229. The property size is 4,476 square feet.

    Local Financial Insights For Office B

    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 $94.0k $21.00
    − Vacancy −$14.1k −$3.15
    EGI $79.9k $17.85
    − OpEx −$20.0k −$4.46
    NOI $59.9k $13.39
    4,476 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $856.0K
    $749.0K – $998.7K (±1% cap)
    NOI $59,922 @ 7.0% cap · market cap 6.05%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.22M
    $1.06M – $1.42M (±1% cap)
    NOI $85,080 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Leah Piersol, JD, ... Life Coach Dakota Surrogacy Family Planning Center Akenga Financial Services, ... Accounting Firm Ms. Irina Goubanova Counselor Arena Search Employment Agency

    Suggested Use

    Nursing Home Bed & Breakfast Car Rental Facility Wine and Liquor Store (Bike/Boat/Book/etc) Store Restaurant Nursing Home Garden Center Parking Lot & Garage Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7658
    Latitude
    43.5088

    FAQs

    What type of property is this?
    Office units - Remodeled office space near 49th Street and Louise Avenue.
    Where is this office units located?
    The property is located at 4105 S Carnegie Pl Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Prime location near 49th Street and Louise Avenue with easy access to I‑229.; Two suites available: Suite 1 (waiting area, eight offices, conference room, break room) and Suite 2 (separate entrance, eight offices, work area).; Recently remodeled office space.
    (605) 336-7600 Call to check price and availability
    More about this property
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