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Sioux Falls, SD Motels for Sale

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98-Room Motel for Sale
Updated: Jan 27
98-Room Motel for Sale

3200 W Russell St, Sioux Falls, SD 57107

$3,900,000
Strong Revenue: $1,377,953 (T12 June 2024)
Solid Occupancy Rate: 70% (T12 June 2024)
Attractive NOI: $274,033 (T12 June 2024)
Brand Conversion Opportunity: Hilton, IHG, and other Brands
Discount to Replacement Cost
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See what stands out in Minnehaha County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Sioux Falls, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

34-Unit Budget Inn Motel
34-Unit Budget Inn Motel

100 5Th Street, Adair, IA 50002

$675,000
6,962 sqft 1.41 AC lot

34-unit motel property for sale off Interstate 80, offered with furnishings, equipment, and systems included.

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Underwood Motel & Extended Stay
Underwood Motel & Extended Stay

26553 Magnolia Road, Underwood, IA 51576

$1,200,000
12,770 sqft 1.37 AC lot

34-unit motel off I-80 in Underwood, Iowa.

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Underwood Motel Near I-80
Underwood Motel Near I-80

24936 Mulberry Lane, Underwood, IA 51576

$550,000
7,752 sqft 1.26 AC lot

21-unit motel with manager's apartment near I-80.

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34-Unit Motel Investment
34-Unit Motel Investment

100 5Th Street, Adair, IA 50002

Contact for pricing

34 well-maintained motel units offered with furnishings and equipment for immediate operation in a high-visibility travel corridor.

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Off-Market Properties in Sioux Falls, SD

Consider similar Off-Market properties in Sioux Falls, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1009 Dike Dr
MOTEL

1009 Dike Dr, Sioux Falls, SD 57104

$470,000
Estimated value
0.15 AC lot
View details
3009 Russell St
MOTEL

3009 Russell St, Sioux Falls, SD 57107-0707

$2,705,000
Estimated value
23,678 sqft 1.91 AC lot
View details
2401 Russell St
MOTEL

2401 Russell St, Sioux Falls, SD 57104-1129

$325,000
Estimated value
10,702 sqft 1.42 AC lot
View details
3307 Clf Ave
MOTEL

3307 Clf Ave, Sioux Falls, SD 57104-0847

$315,000
Estimated value
4,376 sqft 0.46 AC lot
View details
1712 12th St
MOTEL

1712 12th St, Sioux Falls, SD 57104-4024

$305,000
Estimated value
8,294 sqft 0.67 AC lot
View details
1300 Russell St
MOTEL

1300 Russell St, Sioux Falls, SD 57104-1327

$715,000
Estimated value
33,562 sqft 1.55 AC lot
View details
3305 Clf Ave
MOTEL

3305 Clf Ave, Sioux Falls, SD 57104

$290,000
Estimated value
7,300 sqft 0.69 AC lot
View details
1508 Russell St
MOTEL

1508 Russell St, Sioux Falls, SD 57104-1329

$610,000
Estimated value
29,738 sqft 1.54 AC lot
View details
4900 Clf Ave
MOTEL

4900 Clf Ave, Sioux Falls, SD 57104-0557

$695,000
Estimated value
21,428 sqft 2.14 AC lot
View details
4808 Clf Ave
MOTEL

4808 Clf Ave, Sioux Falls, SD 57104-0556

$530,000
Estimated value
21,484 sqft 1.42 AC lot
View details
1223 12th St
MOTEL

1223 12th St, Sioux Falls, SD 57104-4102

$395,000
Estimated value
16,817 sqft 0.59 AC lot
View details
5801 12th St
MOTEL

5801 12th St, Sioux Falls, SD 57106-0249

$325,000
Estimated value
3,128 sqft 2.24 AC lot
View details
2620 10th St
MOTEL

2620 10th St, Sioux Falls, SD 57103-2003

$530,000
Estimated value
8,746 sqft 1.31 AC lot
View details
2500 10th St
MOTEL

2500 10th St, Sioux Falls, SD 57103-1919

$370,000
Estimated value
12,734 sqft 0.74 AC lot
View details

Sioux Falls, SD Motels Market Trends and Statistics

Explore 15 motels for sale in Sioux Falls, SD on our real estate platform.

Sale prices for motels in Sioux Falls, SD average $3,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 4
Motels 1

Demographics Overview

Population 204K
Population Growth (5Y) +15.2%
Median Household Income $77,935
College Educated 16.5%

High-Yield Neighborhoods for Investment

Identify Sioux Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57107 $3.9M

Taxes & Financing

Tax Rate (average for all types) 1.71%
Property Tax per SF $30.71 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Sioux Falls fall within the 50,000 to 100,000 square foot range.

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