Sioux Falls Industrial Development
500 E 56th St, Sioux Falls, SD 57104
68.94-acre industrial development opportunity with existing buildings and land.
Type:Office, Industrial
Property size:
122,293 SFLot size:
68.94 AcresPrice / SF:
$77/SF- Added:
- Jan 23, 2025
- Days on Market:
- 496
- Last Refresh:
- May 12 at 11:28 pm
Property Features for 500 E 56th St
General Information
- Standard status
- Active
- Size
- 122,293 SF
- Lot size
- 68.94 Acres
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1996
Listing agent Gregg Brown License #SD 16070
Listing office NAI Sioux Falls
Listing date Jan 23, 2025
Source Crexi
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 NAI Sioux Falls
HighLights
- 68.94‑acre industrial development opportunity with I‑1 zoning, allowing for diverse warehousing and industrial uses.
- Existing interconnected office buildings totaling 369,424 SF suitable for conversion to conditioned self‑storage, data centers, or light manufacturing.
- Strategically located directly south of I‑90 off N. Cliff Avenue, providing excellent access to I‑90 and I‑29, as well as the airport.
- 19.66 acres of excess land zoned light industrial, capable of yielding four separate buildings.
- Former daycare building (49,424 SF) suitable for conversion to medical use.
- Located in South Dakota, ranked #1 for corporate tax and individual income tax, making it attractive for business growth.
Overview
The property is a 68.94-acre industrial development opportunity located in Sioux Falls, SD. Zoned I-1, light industrial, the site allows for warehousing and industrial uses, including new construction or redevelopment of the existing buildings. It features three interconnected office buildings totaling 369,424 square feet on two levels. The raised floor former call center space could be converted into conditioned self-storage, data centers, or light manufacturing. Additionally, there is a 49,424-square-foot former daycare building that could be converted to a medical use. The property includes 19.66 acres of excess land zoned light industrial, which can yield four separate buildings. The property is located directly south of I-90 off the N. Cliff Avenue exit, in a mature industrial park with access to both I-90 (east-west) and I-29 (north-south) travel corridors and the airport. The site is being sold as separate buildings and land parcels or as a whole.
Location Intelligence
Current Use by Public Records
Avera Specialty Pharmacy
Pharmacy
Old Orchard Cafe
Take-out & Catering
Palm Place
High School
Daktronics, Building 2
Corporate Office
Similar Places Nearby
- Hy-Vee Catering — 1231 E 57th St, Sioux Falls, SD 57108
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.7093287
- Latitude
- 43.5019331
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 68.94-acre industrial development opportunity with existing buildings and land.
Where is this flex space located?
The property is located at 500 E 56th St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $9,524,711.
What are key features of this property?
This property features: 68.94‑acre industrial development opportunity with I‑1 zoning, allowing for diverse warehousing and industrial uses.; Existing interconnected office buildings totaling 369,424 SF suitable for conversion to conditioned self‑storage, data centers, or light manufacturing.; Strategically located directly south of I‑90 off N. Cliff Avenue, providing excellent access to I‑90 and I‑29, as well as the airport.
