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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1216 57Th St Sioux Falls, SD 57108

6,200 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Oak Ridge Plaza, a vibrant commercial center situated at the highly visible corner of 57th Street and Cliff Avenue in Minnehaha County. The property offers a total of 6,200 square feet, divided into four suites. Currently, 1,383 square feet of retail space is available for lease, presenting a fantastic chance for a new business to establish itself in a thriving location. The plaza boasts excellent visibility due to its position on a signalized intersection, experiencing a combined daily traffic count of 30,200 vehicles. Ample parking is provided, with a ratio of one space per 265 square feet. Building and monument signage opportunities are available, ensuring maximum brand exposure. The space is adaptable, with tenant improvement allowances negotiable to suit individual business needs. This prime location benefits from a strong mix of established neighboring businesses, including Get N Go, Taco Johns, Papa Murphy's, Juice Stop, Breadsmith, Hy-Vee, First Interstate Bank, Walgreens, Burger King, Domino's Pizza, and Dacotah Bank, creating a synergistic environment and high foot traffic. This is an ideal space for a business seeking high visibility and a strong customer base in a well-established commercial area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,200 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
Current use
Occupant on record · Public records
  • 9Round East Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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