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Property profile & analytics
OFF-MARKET
Specialty properties

319 West Ave Sioux Falls, SD 57104

1,468 SF 5142 ac lot Built 1953
Property ID
Property summary
AI-generated overview

This exceptional 1,468 square foot commercial building, located at 319 West Avenue in Sioux Falls, South Dakota, presents a unique opportunity for a variety of businesses. Built in 1953, this single-tenant property sits on a generous 5,142 acres of land and is zoned for commercial use. Its versatile design is suitable for traditional office, executive office, coworking, medical office, or creative office spaces, as well as retail uses. The building's central location in Sioux Falls offers excellent visibility and accessibility. Previously used as a casino, the space is now available for lease, with casino use explicitly prohibited by the landlord. The property's size makes it ideal for a small retail operation or an executive office suite. While this listing focuses on leasing, please note that the property is also available for purchase for $295,000, which includes the adjacent property at 315 N West Avenue. The property's zoning is commercial. This is a rare opportunity to secure a well-located, adaptable commercial space in a thriving South Dakota market. Contact us today to schedule a viewing.

Property profile
Verified
Property type Specialty properties
Year built 1953
Total area 1,468 SF
Lot 5142 ac (223,985,520 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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