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    5201 57Th St Sioux Falls, SD 57110

    Sponsored
    For Sale
    $925,000

    Prime Sioux Falls Office Space, 3,000-3,042 sq ft

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-tenant office building is ideally situated on high-profile 57th Street in Sioux Falls, South Dakota, directly across from Gloria Dei Lutheran Church and near Veterans Parkway. The property offers a highly functional and inviting layout spanning 3,000 to 3,042 square feet, perfect for a variety of businesses. The building boasts six private offices, providing ample space for individual work or team collaboration. Two dedicated conference rooms facilitate productive meetings and presentations. A welcoming reception area creates a positive first impression for clients and visitors. Two additional suites offer versatile space for various needs. A convenient workroom/kitchenette provides a comfortable area for breaks and informal gatherings. Essential support spaces include an IT closet and a mechanical room. The asking price for the building without a garage is $925,000. A similar building with an attached garage is available for $910,000. This property presents a rare opportunity to acquire a well-designed, conveniently located office building in a thriving area of Sioux Falls, within Minnehaha County, zip code 57110. The address is 5201 E 57th St.

    Property Features for 5201 57Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,000 SF

    HighLights

    • Exceptional single‑tenant office building on high‑profile 57th Street in Sioux Falls, SD.
    • 3,000‑3,042 square feet of functional office space.
    • Six private offices, two conference rooms, reception area, and two additional suites.
    • Includes workroom/kitchenette, IT closet, and mechanical room.
    • Asking price: $925,000 (without garage); $910,000 (with attached garage).
    • Located near Veterans Parkway in Minnehaha County, zip code 57110, at 5201 E 57th St.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -96.6638678
    Latitude
    43.5004049

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Sioux Falls Office Space, 3,000-3,042 sq ft
    Where is this office property / space located?
    The property is located at 5201 57Th St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Exceptional single-tenant office building on high-profile 57th Street in Sioux Falls, SD.; 3,000-3,042 square feet of functional office space.; Six private offices, two conference rooms, reception area, and two additional suites.
    (605) 376-0127
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    5201 57Th St Sioux Falls, SD 57110
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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
    5201 57Th St Sioux Falls, SD 57110
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