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    4214 38Th St Sioux Falls, SD 57106

    Sponsored
    For Lease
    $12 SF/Yr ($9,936 /Mo)

    Versatile Office Space, High-Traffic Location

    Lot size:
    9,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,312 square foot Class A office condominium, situated at 4214 W. 38th Street, offers unparalleled flexibility for a variety of businesses. Built in 2002, this single-story building boasts a total of 9,936 square feet and sits on a 0.24-acre lot (31,486 square feet) zoned Commercial (C-4). The property features a desirable storefront with excellent glass frontage, ideal for retail or showroom use. A spacious rear area provides ample warehouse or production space, easily accessible via an overhead garage. The property includes 38 parking spaces, a significant advantage in this high-traffic location. The interior has been recently renovated, showcasing modern finishes and a flexible floor plan adaptable to diverse business needs. This prime location is surrounded by a thriving hub of retail, building supply businesses, restaurants, and entertainment venues, ensuring high visibility and accessibility. The property is available for purchase as a condominium or for lease, providing owners with multiple occupancy options. Building features include a 31.6 FAR and no elevators. Cross street is Carolyn Avenue.

    Property Features for 4214 38Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,936 SF
    Class
    A
    Total Rate
    9936

    Building Details

    Year Built
    2002
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,300 SF
    Rate per SF
    $12

    HighLights

    • 3,300 square feet of rentable office space.
    • High‑traffic location with excellent visibility.
    • Ample on‑site parking (38 spaces).
    • Recently renovated interior with modern finishes.
    • Flexible floor plan suitable for various businesses (Traditional, Executive, Medical, and Creative Office uses).
    Property Profile Location Intelligence

    Current Use by Public Records

    Amazing Space Flooring Contractor

    Suggested Use

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

    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
    -96.778042411127
    Latitude
    43.517989904414

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    FAQs

    What type of property is this?
    Office space - Versatile Office Space, High-Traffic Location
    Where is this office space located?
    The property is located at 4214 38Th St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 3,300 square feet of rentable office space.; High-traffic location with excellent visibility.; Ample on-site parking (38 spaces).
    Request Owner's contact information
    4214 38Th 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
    4214 38Th St Sioux Falls, SD 57106
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