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    4904 Minnesota Ave Sioux Falls, SD 57108

    Sponsored
    For Sale
    $2,200,000

    Sioux Falls Office Building - Owner/User

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This three-story, 0.76-acre office building in Sioux Falls, South Dakota, is available for $2,200,000. Located at 4904 S Minnesota Ave, this 1994-built property offers 34 surface parking spaces and prominent monument signage on Minnesota Avenue. The building features flexible office space on all three levels, suitable for various medical or traditional office configurations. The lower level provides additional adaptable space. The property boasts a prime location, one mile from I-229, near the intersection of S Minnesota Avenue and 57th Street, surrounded by amenities such as Look's Marketplace, Prairie Green Golf Course, Yankton Trail Park, and The Bridges at 57th. The area enjoys a strong demographic profile and high average spending. Neighboring businesses include Dakota Dermatology, Hoy Law, Farm Bureau Financial Services, The First National Bank in Sioux Falls, and Bender Commercial. The property is zoned O - Office and is vacant, with an occupancy date of August 16, 2024. This is a triple net (NNN) lease opportunity. The building is also available for lease. The surrounding area has a median income of $133,211 within a one-mile radius. Abundant trees and lush foliage enhance the property's appeal.

    Property Features for 4904 Minnesota Ave

    General Information

    Property type
    Medical offices
    Lot Size
    33,106 SF

    Building Details

    Year Built
    1994
    Buildings
    1
    Stories
    3

    HighLights

    • Highly versatile main and upper levels ideal for office or medical use.
    • Flexible lower‑level office space.
    • Attractive setting with mature landscaping.
    • Monument signage opportunity on Minnesota Avenue.
    • Ample surface parking with 34 spaces.
    • Strong tenant mix including Dakota Dermatology, Hoy Law, Farm Bureau Financial Services, First National Bank, and Bender Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Justin M. ... Dentist Dr. Duane H. ... Dentist Justin Nichols, DDS Dentist Dr. Dennis C. ... Dentist Dr. Mallory Cicmanec Dentist

    Suggested Use

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

    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
    -96.7292041
    Latitude
    43.4987416

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    FAQs

    What type of property is this?
    Medical office - Sioux Falls Office Building - Owner/User
    Where is this medical office located?
    The property is located at 4904 Minnesota Ave Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Highly versatile main and upper levels ideal for office or medical use.; Flexible lower-level office space.; Attractive setting with mature landscaping.
    Request Owner's contact information
    4904 Minnesota Ave Sioux Falls, SD 57108
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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
    4904 Minnesota Ave Sioux Falls, SD 57108
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