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    4400 58Th St Sioux Falls, SD 57108

    Sponsored
    For Sale
    $645,206

    1.5 Acres, Office/Retail Zoning, $645,206

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Located at 4400 W. 58th Street, in Lincoln County, zip code 57108, this improved property is zoned for both office and retail use, offering considerable flexibility for development. The asking price is $645,206, translating to a land value of $9.75 per square foot. The site boasts a desirable location within a thriving business park, surrounded by established and successful businesses. Neighbors include Journey Construction, Sky Zone Trampoline Park, Great Plains Dental, Bluestone FCU, Sammons Financial Group, Farm Credit Services of America, and Killarney Crossing Apartments & Townhomes. The northern end of the property offers an attractive view of a pond situated at the intersection of 57th and Solberg. This prime location and versatile zoning make this property ideal for a variety of commercial ventures, providing excellent visibility and accessibility. The existing improvements offer a solid foundation for immediate development or redevelopment, presenting a compelling opportunity for investors seeking a strategic foothold in a rapidly growing area. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Sioux Falls location.

    Property Features for 4400 58Th St

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre improved commercial land parcel in Sioux Falls, SD.
    • Attractive pond view from the north end, at the intersection of 57th and Solberg Streets.
    • Zoned for both office and retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Building Supply Gym & Fitness Daycare Center

    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
    -96.779604285665
    Latitude
    43.497601592587

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    FAQs

    What type of property is this?
    Land - 1.5 Acres, Office/Retail Zoning, $645,206
    Where is this land located?
    The property is located at 4400 58Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $645,206.
    What are key features of this property?
    This property features: 1.5-acre improved commercial land parcel in Sioux Falls, SD.; Attractive pond view from the north end, at the intersection of 57th and Solberg Streets.; Zoned for both office and retail use.
    (605) 444-7100
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    4400 58Th St 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
    4400 58Th St Sioux Falls, SD 57108
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