Industrial Truck Terminal
For Sale
$1,300,000
47086 271st St, Sioux Falls, SD 57108
Industrial truck terminal with four overhead doors, finished office, shop space, and a truck wash bay with 5,000-gallon hold tank.
Property Size11,100 SF
Lot Size2.74 Acres
Price / SF$117.12
Days on Market135
Property Features for 47086 271st St
General Information
Standard status
Active
Size
11,100 SF
Lot size
2.74 Acres
Property subtype
Commercial
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
4
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Listing Agency:
Don Dunham III, LLC
Listed By:
Don Dunham OFFICE
Source:
Siouxfallsareahomesearch
Added: Jun 3
Changed: Oct 1
Last Checked: Oct 14 at 11:18PM
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 Don Dunham III, LLC
Investment Insights
Based on property information with market context.
This industrial use building offers 11,100 square feet of truck transportation support space on 2.74 acres, with a metal exterior and 16-foot sidewalls. The facility includes finished office suites, finished storage, shop space, and unfinished storage areas. Truck wash capability is provided via a truck wash bay with a 5,000-gallon hold tank, along with a septic tank and rural water service.
Operational access includes four overhead door openings. The property is described as having convenient access to I-29 at the Tea exit on Veterans Parkway, and it is currently used as a trucking transportation business.
The on-site mix of warehouse and storage areas, office finish, shop space, and wash bay infrastructure supports transportation-related uses that require both operational workspace and vehicle washing functions.
Operational access includes four overhead door openings. The property is described as having convenient access to I-29 at the Tea exit on Veterans Parkway, and it is currently used as a trucking transportation business.
The on-site mix of warehouse and storage areas, office finish, shop space, and wash bay infrastructure supports transportation-related uses that require both operational workspace and vehicle washing functions.
Key Highlights
- Industrial truck terminal built in 1985 with 11,100 SF building on 2.74 acres
- Metal exterior with 4 overhead door access and 16‑ft sidewalls
- Includes finished office suites, finished storage, shop space, and unfished storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,939
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,278,780
$2.3M
Cap Rate 7%
$1,627,700
$1.6M
Cap Rate 9%
$1,265,989
$1.3M
Market Conditions
NOI Build-Up for 11,100 SF
Gross rent
$186.5K $16.80/SF
− Vacancy
−$11.2K −$1.01/SF
EGI
$175.3K $15.79/SF
− OpEx
−$61.4K −$5.53/SF
NOI
$113.9K $10.26/SF
Area
Sioux Falls, SD
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,278,780
Cap Rate 7%
$1,627,700
Cap Rate 9%
$1,265,989
Alternative Uses
Best Use
Flex RnD
$1.63M
$1.42M – $1.90M
NOI $113,939 @ 7.0% cap · market cap 8.76%
Second Best
Warehouse
$1.39M
$1.22M – $1.63M
NOI $97,567 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$3.01M
$2.64M – $3.52M
NOI $210,989 @ 7.0% cap · market cap 16.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
16 ft
Clear height
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57108, SD
31,953
Population
13,933
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
30.4 sq mi
ZIP Area
1,051
Density / Sq Mi
$96,184
Median Household Income
$51,749
Median Earnings
$1,292
Median Rent
$401,300
Median Home Value
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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?
Flex space - Industrial truck terminal with four overhead doors, finished office, shop space, and a truck wash bay with 5,000-gallon hold tank.
Where is this flex space located?
The property is located at 47086 271st St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Industrial truck terminal built in 1985 with 11,100 SF building on 2.74 acres; Metal exterior with 4 overhead door access and 16‑ft sidewalls; Includes finished office suites, finished storage, shop space, and unfished storage space
