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    Sioux Falls, SD
    Parking & Garage

    Sioux Falls, SD Parking Lots & Garages for Sale

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    Tea, SD Harrisburg, SD Renner, SD Hartford, SD Brandon, SD Rowena, SD Worthing, SD Lennox, SD
    Sioux Falls Office Building
    Updated: Jun 16, 2025
    Sioux Falls Office Building

    112 S Dakota Ave, Sioux Falls, SD

    $2,175,000
    6,800 sqft 0.51 AC lot
    Large 17,863 SF indoor heated parking garage with 30 spaces.
    Opportunity to generate additional income from parking rentals.
    Tastefully updated in 1977, 2012, 2014, 2020, and 2024.
    Versatile lower level with break area, tech room, open office, and flexible meeting space.
    Main floor featuring a lobby, gas fireplace, reception area, offices, and an executive conference room.
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    This listing looks promising.

    Here's a quick look at some key insights for

    112 S Dakota Ave, Sioux Falls, SD

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $91K
      Annual

    • Price @ 7% Cap

      $1.3M
      Suggested

    • Property Type

      Office Building
      Built 1965
    View Property Analytics
    Sioux Falls Commercial Property For Sale
    Updated: Nov 21, 2025
    Sioux Falls Commercial Property For Sale

    1000 South Grange Avenue, 1201 W. 18th Street, Sioux Falls, SD 57104

    $3,200,000
    High 3‑year average Cap Rate: 10%
    Substantial 3‑year average EBITDA: $321,000
    Strong GRM: 3.87X's
    Two buildings on a large 0.80 AC lot
    Building #2 includes an elevator
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Sioux Falls, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Downtown Minneapolis Development Opportunity
    Downtown Minneapolis Development Opportunity

    41 North 10th Street, Minneapolis, MN 55403

    $4,671,810
    1 sqft

    Large infill development site in downtown Minneapolis.

    View details
    Lincoln Landmark Investment Opportunity
    Lincoln Landmark Investment Opportunity

    3701 Ost, Lincoln, NE

    $1,550,000
    13,680 sqft 0.75 AC lot

    Versatile, fully leased office building with redevelopment potential.

    View details
    Downtown Parking Lot For Sale
    Downtown Parking Lot For Sale

    1216 K St, Lincoln, NE 68508

    $1,000,000
    0.88 AC lot

    0.88-acre parking lot with 78 stalls in Downtown Lincoln.

    View details
    Ground Leased Parking Lot
    Ground Leased Parking Lot

    5700 W 78th St, Minneapolis, MN 55439

    Contact for pricing

    DoubleTree parking lot ground lease along 78th Street West with average 10,200 vehicles daily near I-494 and MN-100.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multi-Building Flex and Warehouse Property
    Multi-Building Flex and Warehouse Property

    1703 E Lakeshore Drive, Storm Lake, IA 50588

    $599,000

    Four-plus acre C-Commercial site with multiple warehouse and office-ready buildings for businesses needing storage and frontage exposure.

    View details
    Commercial Development Land with Building Pad
    Commercial Development Land with Building Pad

    590 Hwy 29 S, Montevideo, MN 56265

    $115,000
    0.60 AC lot

    Ready-to-develop commercial lot with an established building pad, prepared parking area, and utility hook-ups.

    View details
    Waterfront Land with Highway Frontage
    Waterfront Land with Highway Frontage

    446th Ave, Waubay, SD 57273

    $75,000
    4.51 AC lot

    Recreation-focused acreage with US Highway 12 frontage near Blue Dog Lake and nearby public fishing access points.

    View details
    Flat Commercial Land in Cul-de-Sac
    Flat Commercial Land in Cul-de-Sac

    1882 Holly Street, Blair, NE 68008

    $1,855,656
    3.55 AC lot

    A build-ready, flat commercial lot with key utilities and grading completed to support faster project planning in Blair.

    View details

    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.

    3913 Ave
    PARKING GARAGE, PARKING STRUCTURE

    3913 Ave, Sioux Falls, SD 57105

    $1,475,000
    Estimated value
    5,360 sqft 0.32 AC lot
    View details
    210 Fairfax Ave
    PARKING GARAGE, PARKING STRUCTURE

    210 Fairfax Ave, Sioux Falls, SD 57103-1323

    Value Estimation by Request
    15,776 sqft 0.34 AC lot
    View details
    1209 Marion Rd, Unit 4
    RESIDENTIAL PARKING GARAGE

    1209 Marion Rd, Sioux Falls, SD 57107-1171

    Unit 4
    Value Estimation by Request
    5.54 AC lot
    View details
    2215 Westport Ave
    PARKING GARAGE, PARKING STRUCTURE

    2215 Westport Ave, Sioux Falls, SD 57107-0723

    $2,405,000
    Estimated value
    19,576 sqft 3.28 AC lot
    View details
    46618 Sd Hwy 38
    PARKING GARAGE, PARKING STRUCTURE

    46618 Sd Hwy 38, Buffalo Ridge, SD 57107-6028

    Value Estimation by Request
    864 sqft 4.05 AC lot
    View details
    3401 Eide Dr
    PARKING GARAGE, PARKING STRUCTURE

    3401 Eide Dr, Sioux Falls, SD 57107

    Value Estimation by Request
    4,800 sqft 0.99 AC lot
    View details
    3911 Bobhalla Dr
    PARKING GARAGE, PARKING STRUCTURE

    3911 Bobhalla Dr, Sioux Falls, SD 57107-6418

    $645,000
    Estimated value
    2.04 AC lot
    View details
    3231 Lk Ave
    PARKING LOT

    3231 Lk Ave, Sioux Falls, SD 57105-5538

    $500,000
    Estimated value
    0.13 AC lot
    View details
    1809 Robur Dr
    PARKING LOT

    1809 Robur Dr, Sioux Falls, SD 57104-7602

    Value Estimation by Request
    1,418 sqft 4.60 AC lot
    View details
    1905 Sherman Ave
    PARKING GARAGE, PARKING STRUCTURE

    1905 Sherman Ave, Sioux Falls, SD 57105

    Value Estimation by Request
    2,808 sqft 0.21 AC lot
    View details
    618 5th Ave
    PARKING GARAGE, PARKING STRUCTURE

    618 5th Ave, Sioux Falls, SD 57104-5112

    Value Estimation by Request
    2,232 sqft 0.17 AC lot
    View details
    1404 Nn Dr
    PARKING LOT

    1404 Nn Dr, Sioux Falls, SD 57104

    Value Estimation by Request
    0.19 AC lot
    View details
    427 Phillips Ave
    PARKING LOT

    427 Phillips Ave, Sioux Falls, SD 57104

    Value Estimation by Request
    0.25 AC lot
    View details
    2501 Angie Pl
    PARKING LOT

    2501 Angie Pl, Sioux Falls, SD 57105-6100

    Value Estimation by Request
    2,834 sqft 0.50 AC lot
    View details
    305 Smt Ave
    PARKING LOT

    305 Smt Ave, Sioux Falls, SD 57104

    Value Estimation by Request
    0.09 AC lot
    View details
    2400 Nn Dr
    PARKING LOT

    2400 Nn Dr, Sioux Falls, SD 57104

    Value Estimation by Request
    2,500 sqft 4.06 AC lot
    View details
    Sioux Falls, SD 57103
    PARKING LOT

    Sioux Falls, SD 57103

    Value Estimation by Request
    0.45 AC lot
    View details
    111 Phillips Ave
    PARKING GARAGE, PARKING STRUCTURE

    111 Phillips Ave, Sioux Falls, SD 57104

    $5,340,000
    Estimated value
    75,566 sqft 0.96 AC lot
    View details
    909 9th Ave
    PARKING LOT

    909 9th Ave, Sioux Falls, SD 57104-5202

    Value Estimation by Request
    0.41 AC lot
    View details
    815 13th St
    PARKING GARAGE, PARKING STRUCTURE

    815 13th St, Sioux Falls, SD 57104-4221

    Value Estimation by Request
    3,400 sqft 0.12 AC lot
    View details
    1209 51st St
    PARKING LOT

    1209 51st St, Sioux Falls, SD 57105

    Value Estimation by Request
    1.42 AC lot
    View details
    310 10th St
    PARKING LOT

    310 10th St, Sioux Falls, SD 57104

    Value Estimation by Request
    0.30 AC lot
    View details

    Sioux Falls, SD Parking Lots & Garages Market Trends and Statistics

    Explore 72 parking lots & garages for sale in Sioux Falls, SD on our real estate platform. These investment opportunities span a total of 6,800 square feet of properties for sale, with an estimated market value of $2,175,000.

    Sale prices for parking garages in Sioux Falls, SD start at $2,175,000, averaging $2,175,000, and reaching up to $2,175,000 — 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

    Land 201
    Office Spaces 142
    Office Units 100
    Retail properties & Spaces 88
    Residential land & home lots 87

    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
    57104 $3.2M

    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%

    Listings Trend

    New vs delisted commercial listings in Minnehaha County

    New Delisted

    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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    Most Searched ZIP Codes in Sioux Falls, SD

    • 57104
    • 57105

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