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    3901 59Th St Sioux Falls, SD 57108

    Sponsored
    For Sale
    $6,689,443

    Class A Office, 100% Occupied

    Property size:
    37,924 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, located at 3901 W 59th Street in Sioux Falls, South Dakota, presents a compelling core investment opportunity. The property boasts a substantial 37,924 square feet of meticulously maintained space, currently enjoying 100% occupancy. This translates to a strong, stable income stream for the discerning investor. The asking price is $6,689,443, representing a price per square foot of $176.39. Situated in Lincoln County, within the 57108 zip code, this property benefits from its prime location in Sioux Falls. The building's traditional office design caters to a wide range of professional tenants, ensuring long-term value and potential for appreciation. The building's high occupancy rate speaks volumes about its desirability and the strength of the local market. This is a rare opportunity to acquire a fully leased, high-quality office building in a thriving South Dakota market. The property's strong financials and prime location make it an ideal addition to any investment portfolio seeking consistent returns and long-term growth. Detailed financial information is available upon request. This is an owner-occupied investment opportunity, offering significant potential for both immediate income and future appreciation. Don't miss this chance to secure a premier commercial property in a dynamic and growing city.

    Property Features for 3901 59Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    37,924 SF
    Class
    A

    HighLights

    • Class A office building, 37,924 square feet, 100% occupied.
    • Located at 3901 W 59th Street, Sioux Falls, SD 57108.
    • Asking price: $6,689,443 ($176.39/SF).
    • Strong, stable income stream; owner‑occupied.
    Property Profile Location Intelligence

    Current Use by Public Records

    Emergency Towing Sioux ... Towing Service Aerostar Aerospace Company Avera - Pasque Place Medical Office

    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
    Lincoln
    State
    South Dakota
    Longitude
    -96.7736585
    Latitude
    43.4968999

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 100% Occupied
    Where is this office property / space located?
    The property is located at 3901 59Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $6,689,443.
    What are key features of this property?
    This property features: Class A office building, 37,924 square feet, 100% occupied.; Located at 3901 W 59th Street, Sioux Falls, SD 57108.; Asking price: $6,689,443 ($176.39/SF).
    Request Owner's contact information
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    Sioux Falls, SD 57108
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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
    3901 59Th St Sioux Falls, SD 57108
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