100 Krohn Pl Sioux Falls, SD 57103
- Office buildings
- 14,753 SF
- 0.94 lot acres
Current Use by Public Records
- SD Independent Auto Dealers Assn. / Non-Profit Organization
- Power Massage / Massage Therapist / Sports Massage Therapist
- David Sundem / Counselor
- Stanley Steemer / Upholstery Cleaning Service / Water Damage Restoration Service
- Inner Balance / Holistic Medicine Practitioner
Property Details for 100 Krohn Pl
- Year built
- 1921
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.94 lot acres
- Property size
- 14,753 SF
- Property type
- Office buildings
- APN
- 62212
- APU
- 62212
Description
This exceptional executive office space, located at 100 N. Krohn Pl in Sioux Falls, South Dakota, offers a total of 939 square feet spread across three suites. The building, constructed in 1921 and classified as Class C, boasts convenient elevator access. Individual suites range from a minimum of 250 square feet to a maximum contiguous space of 398 square feet, providing flexibility for various business needs. Currently, all 939 square feet are vacant and immediately available for lease. The property is situated in a vibrant area of Sioux Falls, conveniently located between East 10th Street and East 8th Street. Nearby businesses include well-known establishments such as Caribou Coffee, Take 5 Oil Change, Taco John's, Boys & Girls Clubs of the Sioux Empire, Children's Home Shelter, Casey's, and Great Life, ensuring high visibility and convenient access to amenities. This presents a unique opportunity to establish a presence in a well-established and thriving commercial district within Minnehaha County, South Dakota, zip code 57103. The property's central location and proximity to various businesses make it an ideal choice for businesses seeking a high-traffic area with excellent visibility. The multiple suite configuration allows for flexibility in leasing options, catering to businesses of varying sizes.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,085,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,025,000
- 6.5%
- $905,000
- 7%
- $1,000,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $885,000
- Geo Method
- $1,055,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $775,000
- Retail
- $815,000
- Mixed-Use
- $950,000
- Hospitality
- $870,000
- Educational
- $895,000
- Residential Income
- $1,010,000
- Energy
- $745,000
- Income-Based Land
- $850,000
- Food Service
- $915,000
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.7033
- Latitude
- 43.5471
- CBSA code
- 43620
- CBSA name
- SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
