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Property profile & analytics

1101 Russell St Sioux Falls, SD 57104-1322

  • Office buildings
  • 6,000 SF
  • 0.66 lot acres
OFF-MARKET
Last Sale
Dec 15, 2023
$260,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US79-0060546
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

  • Baldwin-De Bates Insurance Inc / Insurance Agency

Property Details for 1101 Russell St

Year built
1975
Construction
STEEL FRAME
Lot size
0.66 lot acres
Property size
6,000 SF
Zone code
FP;FP
Property type
Office buildings
APN
24658
APU
24658

Description

This exceptional single-tenant office building, located at 1101 W. Russell Street in Sioux Falls, South Dakota, presents a compelling investment opportunity. The property boasts a substantial 6,000 square feet of well-maintained office space, ideally suited for a variety of businesses. The building is a single-story structure, offering convenient accessibility and functionality. Ample parking is provided with 20 spaces available on-site. The property is zoned C-4, allowing for a range of commercial uses. The asking price per square foot is $9.00, with a triple net (NNN) lease structure. This translates to a highly competitive and attractive return on investment. Situated in Sioux Falls, SD, zip code 57104, this location offers excellent visibility and convenient access to major transportation routes and amenities. The property's single-tenant occupancy simplifies management and minimizes vacancy risks. This is a rare opportunity to acquire a well-located, functional, and profitable commercial property in a thriving South Dakota market. The building's size and layout provide flexibility for various business needs, making it an ideal choice for companies seeking a substantial and well-equipped office space. The ample parking ensures convenient access for employees and clients alike. The C-4 zoning provides versatility and future development potential. Don't miss this chance to own a prime piece of Sioux Falls commercial real estate.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Sioux Falls
County
Minnehaha
State
South Dakota
Longitude
-96.7414
Latitude
43.563
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
$9,320
$100,600
$374,100
$474,700
-
$0.00
$0.00
$0.00
More about this property
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