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Flex Space with Mezzanine
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701 E 48th St, Sioux Falls, SD 57104

Industrial property combines office buildout, warehouse/shop space, and a fenced yard with paved vehicle parking.

Property SizeContact for details
Days on Market143

Property Features for 701 E 48th St

General Information

Standard status Active
Total Parking Spaces 10
Property subtype Industrial
Zoning I-1

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Amenities

forced air HVAC
fiber service

Building Details

Year Built 1988
Buildings 2
Listing Agency: Lloyd Companies
Listed By: Jordan Rieffenberger, CCIM · License #SD 14932
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:06PM

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 Lloyd Companies

Investment Insights

Based on property information with market context.

This flex property includes a 6,300 SF+/- industrial warehouse and office building constructed in 1988. The office component contains 10 private offices, a conference room, copy/workroom space, and a break room, while a substantial mezzanine provides additional storage. The layout is designed for potential dual tenancy and includes forced air HVAC and fiber service.

A detached 1,500 SF+/- warehouse/shop building adds electricity and insulation. The property at 701 E 48th St in Sioux Falls, SD, is zoned I-1 and includes paved parking for 10 vehicles, extensive gravel yard area, and a fenced perimeter.

Key Highlights

  • 6,300 SF+/- industrial warehouse and office building constructed in 1988
  • 10 private offices, conference room, copy/workroom area, and break room
  • Detached 1,500 SF+/- warehouse/shop with electricity and insulation

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center (Bike/Boat/Book/etc) Store Skin Care Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial property combines office buildout, warehouse/shop space, and a fenced yard with paved vehicle parking.
Where is this flex space located?
The property is located at 701 E 48th St Sioux Falls, SD.
What are key features of this property?
This property features: 6,300 SF+/- industrial warehouse and office building constructed in 1988; 10 private offices, conference room, copy/workroom area, and break room; Detached 1,500 SF+/- warehouse/shop with electricity and insulation
(605) 231-1654 Call to check price and availability
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