Financial
Distress signals
Property profile

3401 1st Ave Sioux Falls, SD 57104

OFF-MARKET
Other warehouses
Property ID
US79-0033413
12,070 SF 2.71 ac lot Built 1991
Last sale May 2024 · $415,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property includes a 7,270-square-foot crossdock terminal with office space and 24 truck bays, as well as a 4,800-square-foot storage building featuring three 14-foot grade-level doors. The buildings are situated on a 2.71-acre lot within the Sioux Empire Development Park Three, near the Sioux Falls Regional Airport. The site provides access to Benson Road, Cliff Avenue, I-90, and I-229, and is positioned within an established industrial/commercial area. The configuration supports truck terminal, distribution, industrial, and warehouse uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value · 2023$324k
Assessed land$295k
Assessed improvement$29k
Effective rate4.79%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$415k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$72/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$23 – $108

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
FP;FP
JurisdictionMINNEHAHA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.4
Pharmacy8.8
Smoke and Vape Shop8.5

Location

3401 1st Ave Sioux Falls, SD 57104-0789
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1400 39th N, Sioux Falls, SD 57104-0835 $1,000,000 Nov 2022 11,100 SF
700 Cherokee, Sioux Falls, SD 57104-0339 $850,000 Apr 2022 13,416 SF
1700 34th N, Sioux Falls, SD 57104-0985 $195,000 Dec 2021 20,490 SF
1312 52nd N, Sioux Falls, SD 57104-5530 $400,000 Aug 2021 8,000 SF
1508 Robur, Sioux Falls, SD 57104-7600 $1,500,000 Oct 2020 10,500 SF
705 48th N, Sioux Falls, SD 57104-0685 $1,000,000 Jun 2020 13,520 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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