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    4009 49Th St Sioux Falls, SD 57106

    Sponsored
    For Sale
    $5,300,000

    Fully Leased, High-Traffic Location

    Property size:
    40,451 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 40,451 square foot office building, constructed in 1988, presents a compelling investment opportunity in Sioux Falls, South Dakota. Located at 4009 W 49th St, 57106, this multi-tenant property boasts a strong tenant mix and sits on a 2.33-acre lot (101,495+/- sq ft). The asking price is $5,300,000, translating to $131.02 per square foot. The building features 140 on-site parking spaces, including a heated garage/storage area, and benefits from excellent visibility with monument signage. Its strategic location near the corner of 49th and Valhalla Blvd provides exceptional access to I-29 and I-229, placing it within easy reach of major transportation arteries. The property enjoys a high-traffic location, with an estimated 11,200 vehicles per day on 49th Street, and is directly across from The Empire Mall, ensuring high visibility and foot traffic. Nearby amenities include Hy-Vee, Plains Commerce Bank, and numerous restaurants and retail establishments. The building is equipped with an elevator and a fire suppression system, and is zoned C-3/Community Retail Employment. This fully leased asset offers a stable income stream and significant potential for future appreciation in a thriving commercial area.

    Property Features for 4009 49Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    40,451 SF
    Lot Size
    101,495 SF

    Building Details

    Year Built
    1988
    Stories
    3

    HighLights

    • Strong tenant mix.
    • High traffic count: 11,200 vehicles per day on 49th Street.
    • 140 on‑site parking spaces.
    • Heated garage and storage available.
    • Prime location at 49th and Valhalla Blvd.
    • Monument signage opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tiny Tots PT, ... Physical Therapist Kylie Scott Chiropractor Larry Dean Nelson Law Firm Kent W Boadwine ... Accountant PurpleJACK SEO Internet Marketing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    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
    -96.7747462
    Latitude
    43.5069406

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    FAQs

    What type of property is this?
    Office Property / Space - Fully Leased, High-Traffic Location
    Where is this office property / space located?
    The property is located at 4009 49Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $5,300,000.
    What are key features of this property?
    This property features: Strong tenant mix.; High traffic count: 11,200 vehicles per day on 49th Street.; 140 on-site parking spaces.
    Request Owner's contact information
    4009 49Th St Sioux Falls, SD 57106
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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
    4009 49Th St Sioux Falls, SD 57106
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