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    OFF-MARKET
    Warehouses

    1500 31St St, Sioux Falls, SD 57104

    10,800 SF Built 2021
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A industrial warehouse, situated at 1500 E 31st Street N in Sioux Falls, South Dakota, offers 10,800 square feet of total space, with 2,400 square feet currently available for lease. Built in 2021, the property boasts a desirable location in northeast Sioux Falls, conveniently off Cliff Avenue. The 1.96-acre lot provides ample space for loading, unloading, and potential expansion. The warehouse is categorized as both warehouse and distribution space, making it suitable for a variety of businesses. The building features 3-phase electric power, essential for many industrial operations. The property is located in Minnehaha County, zip code 57104. This multiple-tenancy building offers a strong presence in a thriving area, surrounded by established businesses such as American Tire Distributors, Barney's Used Cars & Parts, RENEW Energy, Kwik Star, and Bargain Barn Tire Center. This is an excellent opportunity to secure high-quality industrial space in a prime Sioux Falls location. Inquire today to learn more about this exceptional property.

    Property profile
    Verified
    Property type Warehouses
    Year built 2021
    Total area 10,800 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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