4800 4Th Ave Sioux Falls, SD 57104
- Day care centers
- 49,424 SF
- 6.09 lot acres
Current Use by Public Records
- Truks-N-Trykes Early Learning Care / Day Care Center / Child Care Agency
Property Details for 4800 4Th Ave
- Year built
- 1996
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 6.09 lot acres
- Property size
- 49,424 SF
- Property type
- Day care centers
- APN
- 46838
- APU
- 46838
Description
This 49,424-square-foot vacant building, located at 4800 N 4th Ave in Sioux Falls, South Dakota, presents a unique redevelopment opportunity. The property, built in 1983, is situated on a 6.55-acre lot and features 280 parking spaces. Currently vacant, the building's previous use was as a daycare center, but its zoning (I-1) allows for a variety of uses, including medical offices or executive offices. The building is a Class B property with a single story and is offered at an asking price of $3,000,500 ($60.71 per square foot). The property benefits from a prime location in a mature industrial park, offering excellent access to major transportation corridors, including I-90 and I-29, as well as proximity to the Sioux Falls Regional Airport. The site's strategic location within the Sioux Falls metro area provides access to a robust labor pool and supports a diverse range of potential tenants. The sale is a fee simple interest, with a lease type of NNN and a multi-tenancy structure. The property is currently vacant, offering flexibility for future development or repurposing. This presents a compelling investment opportunity in a thriving South Dakota market, known for its favorable business tax environment. The property is sold as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.7224
- Latitude
- 43.5984
- CBSA code
- 43620
- CBSA name
- SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
