Property profile

1000 West Ave Sioux Falls, SD 57104

OFF-MARKET
Office Spaces
31,610 SF
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Property summary

AI-generated overview

This exceptional office building, totaling 31,610 square feet, is situated on a 1.66-acre lot in Sioux Falls, South Dakota, at 1000 N West Ave, zip code 57104. The property offers multiple tenancy options within a vibrant non-profit community. Currently, there are three available office spaces ranging in size from 120 square feet to 3,151 square feet, perfect for organizations of varying sizes. The building boasts convenient shared amenities including a boardroom, meeting room, breakroom, and restrooms, fostering collaboration and efficiency. Its strategic location provides easy access to downtown Sioux Falls, Russell Street, and Interstate 29, ensuring excellent connectivity and visibility. The building currently houses a diverse range of established non-profit organizations, including Dakota Plains Legal Services, United Way, Cornbelt Educational Coop, Goodcare AtHome Rehab, and others, creating a supportive and collaborative environment. Tenancy is restricted to registered non-profit organizations. Additional space may be available upon inquiry. This property presents a unique opportunity for non-profit organizations seeking a well-maintained, conveniently located, and amenity-rich office space within a thriving community of like-minded organizations in Minnehaha County.

Property profile

Verified
Property type Office Spaces
Total area 31,610 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Association / Organization
  • Charitable Organization Social Service Agency
  • Charitable Organization Social Service Agency

Location

1000 West Ave Sioux Falls, SD 57104
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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