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    601 Kiwanis Ave Sioux Falls, SD 57104

    Sponsored
    For Lease
    $6 SF/Yr

    10,290 SF Flex/Warehouse in Sioux Falls

    Lot size:
    10,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,290-square-foot flex/warehouse space is ideally situated at 601 N Kiwanis Ave, Sioux Falls, SD 57104, offering unparalleled convenience and accessibility. The property boasts a prime location at the corner of Kiwanis Avenue and 3rd Street, providing easy access to major thoroughfares including 12th Street, Madison Street, and Interstate 29. The single-tenant building features a heated warehouse with one 14-foot overhead door, ensuring efficient loading and unloading. Modern LED lighting enhances the workspace, while ample on-site parking caters to employee and visitor needs. Security is prioritized with exterior security cameras throughout the property. The space is highly adaptable, with the possibility of subdivision – details are available upon request. The building offers a blend of warehouse and office space, making it suitable for a variety of businesses. Tenant improvements are negotiable, allowing for customization to meet specific operational requirements. This property presents a unique opportunity to establish a thriving business in a vibrant and strategically located area of Sioux Falls.

    Property Features for 601 Kiwanis Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,290 SF

    Unit(s) available at that property

    Space
    Size
    10,290 SF
    Rate per SF
    $6

    HighLights

    • 10,290 SF flex/warehouse space at 601 N Kiwanis Ave, Sioux Falls, SD.
    • Prime corner location at Kiwanis Ave & 3rd St, with easy access to major thoroughfares and I‑29.
    • Single‑tenant building with 14' overhead door, heated warehouse, and ample parking.
    • Modern LED lighting and exterior security cameras.
    • Adaptable space, potentially subdividable; tenant improvements negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    J D's House ... Trophy Shop

    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
    -96.7618623
    Latitude
    43.5551333

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    FAQs

    What type of property is this?
    Distribution property - 10,290 SF Flex/Warehouse in Sioux Falls
    Where is this distribution property located?
    The property is located at 601 Kiwanis Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 10,290 SF flex/warehouse space at 601 N Kiwanis Ave, Sioux Falls, SD.; Prime corner location at Kiwanis Ave & 3rd St, with easy access to major thoroughfares and I-29.; Single-tenant building with 14' overhead door, heated warehouse, and ample parking.
    Request Owner's contact information
    601 Kiwanis Ave Sioux Falls, SD 57104
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    Sioux Falls, SD 57104
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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
    601 Kiwanis Ave Sioux Falls, SD 57104
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