3801 Technology CirSioux Falls, SD 57106

Property Details for 3801 Technology Cir

Year built

2017

Construction

FRAME

Lot size

0.23 AC

Property size (Sq ft)

2,512 SF

Zone code

NO;SPECIAL NOTE

Property type

Office properties

Property subtype

Office buildings

APN

90019

APU

90019

Description

This exceptional 5,024 square foot office space, built in 2017, is ideally situated in a thriving southwest Sioux Falls office/technology park. The property, a single-tenant building on a 0.46-acre lot, offers two 2,512 square foot office condos that can be leased separately, providing flexibility for various business needs. The space boasts twelve private offices, two conference rooms, an open work area, a breakroom, and restrooms, catering to a range of office configurations. The single-story building provides convenient access and ample space. Monument signage is available, enhancing visibility and brand recognition. The location offers unparalleled convenience, with proximity to an array of shopping and dining options. Furthermore, its strategic location ensures easy access to major thoroughfares including Louise Avenue, 41st Street, 57th Street, and Interstate 229, facilitating seamless commutes for employees and clients alike. This property presents a unique opportunity for businesses seeking a modern, well-appointed office space in a prime location within Minnehaha County. The entire 5,024 square feet is currently vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $387,974

  6.5%

  $358,130

  7%

  $332,549

• Comparable approach

  Method

  Valuation

  Relative Method

  $128,212

  Geo Method

  $128,212

• Alternative Use

  Use

  Valuation

  Residential

  $444,081

  Hospitality

  $406,775

  Educational

  $338,432

  Medical

  $350,072

  Retail

  $526,450

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.505

Longitude

-96.772

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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