Renovated Golf-Front Office
For Sale
$1,198,400
600 E TAN TARA Cir, Sioux Falls, SD 57108
COMMERCIAL, Sioux Falls, SD
Property Size2,942 SF
Lot Size0.42 Acres
Price / SF$407.34
Days on Market234
Property Features for 600 E TAN TARA Cir
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
O- Office, The buyers sho
Security features
Security Lighting
Subdivision
Prairie Green Addn
Directions
Minnesota & 69th St, East to Tan Tara Cir, go North then west on Tan Tara Cir to the property.
Standard status
Active
APN
280.23.13.004
Size
2,942 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Description
Lot 4 Block 13 prairie green add to the city of Sioux Falls
Tax Annual Amount
9470
Legal Description
Lot 4 Block 13 prairie green add to the city of Sioux Falls
Utilities
Utilities
Water Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1997
Flooring type
Wood, Carpet, Tile
Building materials
Frame, Masonry
Roof type
Composition
Listing Agency:
Midwest Realty
Listed By:
Christopher Thompson
(605) 256-6921
Added: Mar 3
Changed: Oct 23
Last Checked: Oct 23 at 9:06PM
MLS# 22601434
Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This office property at 600 E Tan Tara Circle contains 2,942 square feet on a 0.4194-acre lot. Built in 1997 and recently renovated and upgraded inside and out, the building combines frame and masonry construction with tile, carpet, and wood flooring. Central heating and central air support the interior, while a composition roof and available water service are also reported.
The property overlooks the 18th green and has golf-course frontage within a professional corridor surrounded by established medical and professional offices. Its Sioux Falls location provides access to major arterial roads, downtown, retail, and executive residential neighborhoods. O- Office zoning is identified in the property information.
The property overlooks the 18th green and has golf-course frontage within a professional corridor surrounded by established medical and professional offices. Its Sioux Falls location provides access to major arterial roads, downtown, retail, and executive residential neighborhoods. O- Office zoning is identified in the property information.
Key Highlights
- 2,942‑square‑foot office property on a 0.4194‑acre lot
- Golf‑course frontage overlooking the 18th green
- Interior and exterior renovations and upgrades completed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,386
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,720
$787.7K
Cap Rate 7%
$562,657
$562.7K
Cap Rate 9%
$437,622
$437.6K
Market Conditions
NOI Build-Up for 2,942 SF
Gross rent
$61.8K $21.00/SF
− Vacancy
−$9.3K −$3.15/SF
EGI
$52.5K $17.85/SF
− OpEx
−$13.1K −$4.46/SF
NOI
$39.4K $13.39/SF
Area
Sioux Falls, SD
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,720
Cap Rate 7%
$562,657
Cap Rate 9%
$437,622
Alternative Uses
Best Use
Office B
$562.7K
$492.3K – $656.4K
NOI $39,386 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$798.9K
$699.0K – $932.0K
NOI $55,922 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
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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 Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property with updated interiors, exterior improvements, and a setting overlooking the 18th green.
Where is this office building located?
The property is located at 600 E TAN TARA Cir Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,198,400.
What are key features of this property?
This property features: 2,942‑square‑foot office property on a 0.4194‑acre lot; Golf‑course frontage overlooking the 18th green; Interior and exterior renovations and upgrades completed
