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    409 60Th St Sioux Falls, SD 57104

    Sponsored
    For Sale
    Contact for pricing

    Prime I-1 Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional offering comprises four strategically located industrial land parcels in Sioux Falls, South Dakota, within Minnehaha County. The parcels, situated in a mature industrial park, benefit from convenient access to major transportation arteries, including Interstate 90 (east-west) and Interstate 29 (north-south), as well as proximity to the airport. The former Citibank campus location offers significant advantages for businesses seeking efficient logistics and distribution. The parcels are individually priced and sized, offering flexibility for various development needs. Parcel A (409 E. 60th Street N) encompasses 3.73 acres (162,315 square feet) and is priced at $4.50 per square foot, totaling $731,155. Parcel B (4810 N. 4th Avenue) ranges from 3.28 to 5.55 acres (142,947 to 241,972 square feet) and is priced at $4.50 per square foot, with a total price ranging from $643,262 to $1,088,874. Parcel C (400 E. 56th Street N) covers 5.21 acres (227,083 square feet) and is priced at $2.75 per square foot, totaling $624,465. Finally, Parcel D (800 E. 56th Street N) spans 6.98 acres (304,155 square feet) and is priced at $4.50 per square foot, totaling $1,368,612. All parcels are zoned I-1 and offer significant potential for various industrial uses. The property's prime location and size make it an attractive investment opportunity. Detailed site plans and further information are available upon request. The zip code for all parcels is 57104.

    Property Features for 409 60Th St

    General Information

    Property type
    Land
    Lot Size
    142,877 SF

    HighLights

    • Parcel A: 3.73‑acre site at 409 E. 60th Street N, totaling 162,315 square feet, priced at $4.50/SF, with an asking price of $731,155.
    • Parcel B: 3.28 to 5.55‑acre site at 4810 N. 4th Avenue, encompassing 142,947 to 241,972 square feet, priced at $4.50/SF, with an asking price range of $643,262 to $1,088,874.
    • Parcel C: 5.21‑acre site at 400 E. 56th Street N, totaling 227,083 square feet, priced at $2.75/SF, with an asking price of $624,465.
    • Parcel D: 6.98‑acre site at 800 E. 56th Street N, totaling 304,155 square feet, priced at $4.50/SF, with an asking price of $1,368,612.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Clothing Store Hotel & Motel Wholesale Shop Skin Care Clinic Auto Parts Store Kitchen & Bath

    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
    -96.7220509
    Latitude
    43.6012569

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    FAQs

    What type of property is this?
    Land - Prime I-1 Land, Excellent Location
    Where is this land located?
    The property is located at 409 60Th St Sioux Falls, SD.
    What are key features of this property?
    This property features: Parcel A: 3.73-acre site at 409 E. 60th Street N, totaling 162,315 square feet, priced at $4.50/SF, with an asking price of $731,155.; Parcel B: 3.28 to 5.55-acre site at 4810 N. 4th Avenue, encompassing 142,947 to 241,972 square feet, priced at $4.50/SF, with an asking price range of $643,262 to $1,088,874.; Parcel C: 5.21-acre site at 400 E. 56th Street N, totaling 227,083 square feet, priced at $2.75/SF, with an asking price of $624,465.
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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
    409 60Th St Sioux Falls, SD 57104
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