5303 41St StSioux Falls, SD 57106

Property Details for 5303 41St St

Year built

1987

Construction

FRAME

Lot size

2.23 AC

Property size (Sq ft)

31,649 SF

Property type

Retail properties

Property subtype

Strip malls

APN

57247

APU

57247

Description

This exceptional 100,000 square foot retail space, located at 5303 W 41st St, Sioux Falls, SD 57106, presents a unique investment opportunity. Situated at the highly visible end cap of 41st and Marion Streets, this Class B property boasts a prominent location with significant traffic flow. Built in 1987 and renovated in 2014, the space offers a versatile layout suitable for a variety of retail uses. The property features four private offices, each carpeted and equipped with glass doors and locks, providing excellent privacy for administrative functions. Currently connected to a separately leasable warehouse area, this space offers flexibility for businesses requiring additional storage or production space. A large, dedicated monument sign ensures high visibility and brand recognition. Ample parking is available for customers and employees, and access to a common area conference room is included. The space benefits from abundant natural light, creating a welcoming and productive environment. The property is zoned C-4, allowing for a range of commercial uses. This is an exceptional opportunity to secure a prime retail location in a thriving Sioux Falls market.

• CAP approach

  CAP return

  Valuation

  6%

  $7,185,596

  6.5%

  $6,632,858

  7%

  $6,159,082

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,070,720

  Geo Method

  $4,070,720

• Alternative Use

  Use

  Valuation

  Residential

  $5,595,064

  Hospitality

  $5,125,048

  Educational

  $4,263,980

  Medical

  $4,410,624

  Retail

  $6,632,858

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5143

Longitude

-96.7921

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.