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    4800 4Th Ave Sioux Falls, SD 57104

    Sponsored
    For Sale
    $3,000,500

    49,424 SF Vacant Building, Redevelopment Potential

    Property size:
    49,424 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 49,424-square-foot vacant building, located at 4800 N 4th Ave in Sioux Falls, South Dakota, presents a unique redevelopment opportunity. The property, built in 1983, is situated on a 6.55-acre lot and features 280 parking spaces. Currently vacant, the building's previous use was as a daycare center, but its zoning (I-1) allows for a variety of uses, including medical offices or executive offices. The building is a Class B property with a single story and is offered at an asking price of $3,000,500 ($60.71 per square foot). The property benefits from a prime location in a mature industrial park, offering excellent access to major transportation corridors, including I-90 and I-29, as well as proximity to the Sioux Falls Regional Airport. The site's strategic location within the Sioux Falls metro area provides access to a robust labor pool and supports a diverse range of potential tenants. The sale is a fee simple interest, with a lease type of NNN and a multi-tenancy structure. The property is currently vacant, offering flexibility for future development or repurposing. This presents a compelling investment opportunity in a thriving South Dakota market, known for its favorable business tax environment. The property is sold as-is.

    Property Features for 4800 4Th Ave

    General Information

    Property type
    Day care centers
    Square Feet
    49,424 SF
    Class
    B
    Lot Size
    285,318 SF

    Building Details

    Year Built
    1983
    Stories
    1

    HighLights

    • 68.94‑acre infill site.
    • I‑90 frontage.
    • Build‑to‑suit development potential.
    • 68.94‑acre infill site near Sioux Falls Regional Airport.
    • Close proximity to I‑90 and I‑29.
    • Strong tenant demand in the Sioux Falls metro area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Truks-N-Trykes Early Learning ... Day Care Center

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Clothing Store Hotel & Motel Skin Care Clinic Kitchen & Bath Auto Parts Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7222528
    Latitude
    43.5983228

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    FAQs

    What type of property is this?
    Day care center - 49,424 SF Vacant Building, Redevelopment Potential
    Where is this day care center located?
    The property is located at 4800 4Th Ave Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $3,000,500.
    What are key features of this property?
    This property features: 68.94-acre infill site.; I-90 frontage.; Build-to-suit development potential.
    Request Owner's contact information
    4800 4Th Ave Sioux Falls, SD 57104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4800 4Th Ave Sioux Falls, SD 57104
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