2519 Shirley Ave, Sioux Falls, SD 57106
This exceptional 11,105 square foot industrial property in Sioux Falls, South Dakota, presents a unique owner-user opportunity. Located within the thriving Meadows on the River development, this 2003-built warehouse boasts a 20'6" clear height, multiple Reznor heaters, and 14' garage doors. Suite 2519 offers a showroom, large warehouse area, office space, and restroom. The property includes approximately 64 parking spaces, with a new parking lot scheduled for completion in July 2024. This multi-tenant building is zoned C-4 Commercial Regional and is currently offered for sale by owner with a NNN lease in place for a portion of the space, offering potential rental income. The property's strategic location provides easy access to I-29 and is surrounded by numerous businesses, including Sturdevant's Auto Parts, Shahi India Grill, Morrie's Steakhouse, and major retailers like The Home Depot, Menards, and Sam's Club. The asking price is $1,450,000, with a price per square foot of $130.57. The current lease has a remaining term of approximately 2.8 years, commencing September 1, 2024, and expiring August 31, 2027. This presents a compelling investment opportunity for a business seeking both occupancy and rental income in a high-demand location. The property is situated at 2519 S Shirley Ave, Sioux Falls, SD 57106.
-
LL Flooring Carpet & Flooring Store Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.