Property profile

34 34Th St Sioux Falls, SD 57107

OFF-MARKET
Office Spaces
2.83 ac lot
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Property summary

AI-generated overview

This exceptional 2.83-acre commercial land parcel presents a remarkable investment opportunity in the thriving northwest quadrant of Sioux Falls, South Dakota. Situated at the highly visible corner of 34th & Career, this property boasts unparalleled access and exposure to Interstate 29 and Benson Road, ensuring maximum visibility and convenient access for any commercial venture. The area is experiencing significant expansion, with a robust employment base fueled by the nearby Thelin Business Center, which employs over 2,500 people. This strategic location places the property within close proximity to a multitude of established businesses and key infrastructure, including Premier Bankcard, Sanford Sports Complex, Fleet Farm, Midco, Esurance, SD Archive, Subway, Great Life, and various apartment developments. Furthermore, its proximity to Sioux Falls Regional Airport (within two miles), Southeast Technical Institute (one mile north), the future Jefferson High School, SONIFI Solutions (one mile north), and the northside Walmart and Community College of Sioux Falls (one mile south) underscores its exceptional location and potential for future growth. The land is priced at $5.50 per square foot, offering a compelling value proposition in this dynamic market. The zoning and potential uses for this property should be verified independently. This is a rare opportunity to acquire a prime commercial land parcel in one of Sioux Falls' fastest-growing areas. The site offers significant potential for a variety of commercial developments, capitalizing on its high visibility and strategic location.

Property profile

Verified
Property type Office Spaces
Lot 2.83 ac (123,275 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

34 34Th St Sioux Falls, SD 57107
Sioux Falls metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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