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    5032 Bur Oak Pl Sioux Falls, SD 57108

    Sponsored
    For Lease
    $16 SF/Yr

    Versatile Sioux Falls Office Building

    Lot size:
    26,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Oakbrook II, located at 5032 S Bur Oak Pl, Sioux Falls, SD 57108, offers 26,120 square feet of flexible office space in a two-story building constructed in 2000. This multi-tenant property sits on 2.59 acres and features a variety of office subtypes including traditional, creative, medical, executive, and coworking spaces. The building includes 74 on-site parking stalls, elevators, and is conveniently located near 57th Street. The zoning is Office: business and community facilities-small (BCF1) (APN: 281.18.00.005). Amenities include a common area conference room and break room, and pylon/monument signage is available. The property boasts a strong tenant roster including Waddell & Reed, Merkle Law Firm, and Bankers Trust Company of South Dakota, among others. Its prime location offers easy access to a variety of businesses and amenities, including Vance Thompson Vision, Verizon, Vern Eide Honda, The UPS Store, Hilton Garden Inn, Qdoba, Jersey Mike's, and Panera Bread. This exceptional property presents a unique opportunity for businesses seeking a well-situated and amenity-rich office space in Sioux Falls.

    Property Features for 5032 Bur Oak Pl

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,120 SF
    Total Rate
    35915

    Building Details

    Year Built
    2000
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 230
    Size
    4,001 SF
    Rate per SF
    $17
    Space
    Suite 117
    Size
    1,374 SF
    Rate per SF
    $16

    HighLights

    • High‑visibility location on 57th Street.
    • Excellent accessibility for employees and clients; close proximity to I‑229, I‑29, and numerous retail amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Epic Insurance Inc Insurance Agency Merkle Law Firm Personal Injury Attorney White Oak Law ... Attorney Schaffer Law Office ... Attorney CenturyLink Telecommunications Contractor

    Suggested Use

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

    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
    -96.765836
    Latitude
    43.4981496

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    FAQs

    What type of property is this?
    Coworking space - Versatile Sioux Falls Office Building
    Where is this coworking space located?
    The property is located at 5032 Bur Oak Pl Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $16-$17 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on 57th Street.; Excellent accessibility for employees and clients; close proximity to I-229, I-29, and numerous retail amenities.;
    Request Owner's contact information
    5032 Bur Oak Pl 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
    5032 Bur Oak Pl Sioux Falls, SD 57108
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