4214 38Th StSioux Falls, SD 57106

Property Details for 4214 38Th St

Year built

2002

Construction

FRAME

Lot size

0.24 AC

Property size (Sq ft)

3,312 SF

Property type

Retail properties

Property subtype

Retail space

APN

75056

APU

75056

Description

This exceptional 3,312 square foot Class A office condominium, situated at 4214 W. 38th Street, offers unparalleled flexibility for a variety of businesses. Built in 2002, this single-story building boasts a total of 9,936 square feet and sits on a 0.24-acre lot (31,486 square feet) zoned Commercial (C-4). The property features a desirable storefront with excellent glass frontage, ideal for retail or showroom use. A spacious rear area provides ample warehouse or production space, easily accessible via an overhead garage. The property includes 38 parking spaces, a significant advantage in this high-traffic location. The interior has been recently renovated, showcasing modern finishes and a flexible floor plan adaptable to diverse business needs. This prime location is surrounded by a thriving hub of retail, building supply businesses, restaurants, and entertainment venues, ensuring high visibility and accessibility. The property is available for purchase as a condominium or for lease, providing owners with multiple occupancy options. Building features include a 31.6 FAR and no elevators. Cross street is Carolyn Avenue.

• CAP approach

  CAP return

  Valuation

  6%

  $751,953

  6.5%

  $694,110

  7%

  $644,531

• Comparable approach

  Method

  Valuation

  Relative Method

  $425,992

  Geo Method

  $425,992

• Alternative Use

  Use

  Valuation

  Residential

  $585,508

  Hospitality

  $536,322

  Educational

  $446,214

  Medical

  $461,560

  Retail

  $694,110

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5182

Longitude

-96.7781

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.