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Property profile & analytics

108 E 38Th St Sioux Falls, SD 57105

  • Office buildings
  • 3,774 SF
  • 0.27 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US79-0049094
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • SYNERGY HomeCare / Home Health Care Service / Child Health Care Centre
  • Patrick Ebert Agency / Horace Mann Insurance Co / Insurance Agency
  • Dakota Claims Services / Financial Advisor
  • ZMZ COUNSELING, LLC / Mental Health Service / Counselor
  • Tendler Financial Services / Insurance Agency

Property Details for 108 E 38Th St

Year built
2005
Construction
FRAME
Lot size
0.27 lot acres
Property size
3,774 SF
Property type
Office buildings
APN
78077
APU
78077

Description

This exceptional 196-square-foot traditional office space, located at 108 E. 38th Street in Sioux Falls, Minnehaha County, South Dakota, presents a fantastic opportunity for a small business or individual professional. Built in 2005, this Class B building offers a convenient main-level office with large windows, providing ample natural light. The space is immediately available and features keyless entry for enhanced security. Tenants enjoy access to a shared conference room, a welcoming waiting area, and the benefit of utilities included in the lease. The property sits on a 0.27-acre lot in a highly desirable location, just east of Phillips Avenue. This central location offers easy access to numerous amenities and businesses, including Hy-Vee grocery store, 605 Academy, Houndstooth House, and GreatLife. The building itself boasts additional features such as an illuminated exterior monument sign, an internal directory for easy navigation, and security cameras for added peace of mind. On-site management ensures efficient building operations and responsive maintenance. This is a rare opportunity to secure a well-appointed, conveniently located office space in a thriving area of Sioux Falls. The space is perfect for a single professional or a small team seeking a professional and efficient workspace.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $562,000
    Market price range: $276k - $600k
    AI Estimate
    $426,000
    Market price range: $141k - $521k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $440,000
    Current use
    AUTO REPAIR, GARAGE
    $355,000
    Change: -20% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Sioux Falls
County
Minnehaha
State
South Dakota
Longitude
-96.7253
Latitude
43.5178
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,484
$71,800
$378,900
$450,700
-
$0.00
$0.00
$0.00
More about this property
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