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    7201 Minnesota Ave Sioux Falls, SD 57108

    Sponsored
    For Sale
    Contact for pricing

    Prime Sioux Falls commercial land, various sizes.

    Property size:
    400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Highly visible redevelopment opportunity in Sioux Falls, South Dakota, at the northwest corner of 81st Street and Minnesota Avenue. This Class A, multi-tenant property offers land for sale or build-to-suit lease options, with pad sites currently available. The site boasts a prime location in a high-growth area of south-central Sioux Falls, characterized by abundant growth, high traffic volume, and above-average consumer spending. The average household income within a one-mile radius is $108,329. This location benefits from proximity to major arterial roadways, including the future Veterans Parkway with a planned exit at Minnesota Avenue. The property is also conveniently located near numerous retail establishments such as Walmart, Burger King, McDonald's, and more, further enhancing its commercial viability. Current and future tenants at 81 Gardens include T-Mobile, Jersey Mike's, Nektar Juice Bar, Prime IV, Ignite Fitness Studio, Security Savings Bank, and Boen & Associates. The 85th & Minnesota retail corridor has seen 2.95 million visits in the past year, demonstrating strong consumer traffic. Available space ranges from 400 to 50,000 square feet, suitable for a variety of commercial uses including office, retail, and mixed-use developments. The property is offered for sale by owner under a NNN lease type. This is an exceptional opportunity to capitalize on the thriving commercial landscape of Sioux Falls. The address is 7201 S Minnesota Ave, Sioux Falls, SD 57108.

    Property Features for 7201 Minnesota Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    400 SF
    Class
    A

    HighLights

    • Land for sale or build‑to‑suit lease options available at 81 Gardens.
    • Pad sites currently available.
    • Strong tenant lineup includes T‑Mobile, Jersey Mike's, Nektar Juice Bar, Prime IV, Ignite Fitness Studio, Security Savings Bank, and Boen & Associates.
    • High‑income area with average household income of $108,329 within one mile.
    • Prime location near major roadways, including the future Veterans Parkway.
    • Excellent retail synergy with nearby Walmart, Burger King, McDonald's, and other national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7289951
    Latitude
    43.4790238

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Sioux Falls commercial land, various sizes.
    Where is this mixed-use property located?
    The property is located at 7201 Minnesota Ave Sioux Falls, SD.
    What are key features of this property?
    This property features: Land for sale or build-to-suit lease options available at 81 Gardens.; Pad sites currently available.; Strong tenant lineup includes T-Mobile, Jersey Mike's, Nektar Juice Bar, Prime IV, Ignite Fitness Studio, Security Savings Bank, and Boen & Associates.
    Request Owner's contact information
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    Sioux Falls, SD 57108
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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
    7201 Minnesota Ave Sioux Falls, SD 57108
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