Financial
Distress signals
Property profile

101 Phillips Ave Sioux Falls, SD 57104

OFF-MARKET
Office buildings
Property ID
US79-0045497
92,461 SF 1.28 ac lot Built 1974
Last sale Feb 2022 · $916,115
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a lower-level commercial suite located in The Plaza at the intersection of 9th Street and Phillips Avenue in downtown Sioux Falls. The suite contains 3,968 square feet with a wide-open, flexible layout. It includes in-suite restrooms and locker rooms and provides direct access to public parking via a connected breezeway. The suite also has access to common area loading and storage facilities.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2022

What does the county charge?
$237k
Tax billed · 2022
Assessed value$13.09M
Assessed land$779k
Assessed improvement$12.31M
Effective rate1.81%

Value estimate

· Sep 2026
$1.03M
$927k – $1.13M
AI approach$1.53M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$73 – $159

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMINNEHAHA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.1
Carpet & Flooring Store9.5
Locksmith9.3

Location

101 Phillips Ave Sioux Falls, SD 57104-6738
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
100 5th, Sioux Falls, SD 57104-5915 $3,000,000 Jan 2024 19,048 SF
200 Minnesota, Sioux Falls, SD 57104-6314 $200,000 Nov 2021 90,377 SF
406 2nd, Sioux Falls, SD 57104-6921 $600,000 Sep 2020 17,936 SF
1105 Russell, Sioux Falls, SD 57104-1322 $800,000 Jan 2020 12,900 SF
300 Phillips, Sioux Falls, SD 57104-6327 $7,443,500 Dec 2019 36,435 SF
Sioux Falls, SD 57104-1335 $2,100,000 Jun 2019 16,288 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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