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    4701 12Th St Sioux Falls, SD 57106

    Sponsored
    For Sale
    $699,000

    Vacant Convenience Store, $699,000

    Property size:
    2,466 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents a vacant, 2,466 square foot convenience store/storefront building situated on a 0.41-acre lot in Sioux Falls, South Dakota. Located at 4701 W 12th St, this property boasts a highly desirable C-4 Commercial zoning designation, offering significant flexibility for a variety of commercial uses. The asking price is $699,000, translating to $283.45 per square foot. The building's strategic location offers unparalleled convenience, situated just one block west of I-29, ensuring high visibility and easy access from both 12th Street and Ruth Avenue. Ample parking is available for customers and employees. The property is currently vacant, presenting a blank canvas for a new business venture or an ideal investment opportunity for a savvy entrepreneur seeking a prime location in a thriving market. The building's size and zoning make it suitable for a range of retail uses, providing a strong foundation for future growth and profitability. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Sioux Falls, within Minnehaha County, zip code 57106. Don't miss this chance to secure a valuable asset in a high-traffic location.

    Property Features for 4701 12Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,466 SF
    Lot Size
    17,860 SF

    HighLights

    • 2,466 SF vacant convenience store/storefront building on a 0.41‑acre lot in Sioux Falls, SD.
    • Located at 4701 W 12th St, with C‑4 Commercial zoning.
    • Asking price: $699,000 ($283.45/SF).
    • High visibility location one block west of I‑29, with ample parking.
    • Ideal for a variety of retail uses in a rapidly developing area of Sioux Falls (Minnehaha County, 57106).
    Property Profile Location Intelligence

    Current Use by Public Records

    Golden Coin Casino Casino

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store 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
    -96.784159695787
    Latitude
    43.543424883374

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    FAQs

    What type of property is this?
    Individual retail property - Vacant Convenience Store, $699,000
    Where is this individual retail property located?
    The property is located at 4701 12Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 2,466 SF vacant convenience store/storefront building on a 0.41-acre lot in Sioux Falls, SD.; Located at 4701 W 12th St, with C-4 Commercial zoning.; Asking price: $699,000 ($283.45/SF).
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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
    4701 12Th St Sioux Falls, SD 57106
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