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    5107 41St St Sioux Falls, SD 57106

    Sponsored
    For Lease
    $13 SF/Yr

    Prime Sioux Falls retail/office opportunity.

    Lot size:
    1,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,900-square-foot commercial space, located at 5107 W 41st St, Sioux Falls, SD 57106, presents a unique investment opportunity. Built in 1989 and zoned C-4, the property offers versatile usage as retail, traditional office, executive office, coworking, medical office, or creative office space. Currently configured as a single-tenant space, the layout includes a spacious open retail showroom, perfect for showcasing products or services. Three private offices provide ample space for administrative tasks or individual work areas. A large back workroom offers additional storage or workspace flexibility. Two bathrooms ensure convenience for employees and clients. A rear service door provides easy access for deliveries and supplies. The property benefits from a high-traffic location on West 41st Street, with established neighboring businesses including Godfathers Pizza, Divergent Ink, and Complete Chiropractic, creating a vibrant and thriving commercial environment. This location offers excellent visibility and accessibility, making it an ideal choice for a variety of businesses seeking a prominent presence in Sioux Falls. The property's adaptable layout and prime location make it an attractive option for businesses seeking a well-established space with significant potential for growth.

    Property Features for 5107 41St St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,900 SF

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Size
    1,900 SF
    Rate per SF
    $13

    HighLights

    • 1,900 SF available for lease at $13.50/SF base rent ($2,137/month) plus $5.41/SF NNN ($856/month).
    • Large open showroom/workspace.
    • Rear workroom with exterior access.
    • Two restrooms.
    • Tenant responsible for gas and electric.
    • Immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dutch Rose Quilt ... Fabric Store Divergent Ink LLC Tattoo Shop Godfather's Pizza Pizza Restaurant Kelly Services Employment Agency Complete Chiropractic Chiropractor

    Suggested Use

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

    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
    -96.7887932
    Latitude
    43.5143596

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    FAQs

    What type of property is this?
    Office space - Prime Sioux Falls retail/office opportunity.
    Where is this office space located?
    The property is located at 5107 41St St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 1,900 SF available for lease at $13.50/SF base rent ($2,137/month) plus $5.41/SF NNN ($856/month).; Large open showroom/workspace.; Rear workroom with exterior access.
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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
    5107 41St St Sioux Falls, SD 57106
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