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    Property profile & analytics
    OFF-MARKET Estimated value $660,000
    Manufacturing properties

    1400 Benson Rd, Sioux Falls, SD 57104-0862

    33,604 SF 4.5 ac lot Built 1994
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US79-0045877
    Property summary
    AI-generated overview

    This exceptional 33,604-square-foot industrial property, located at 1400 E Benson Rd, Sioux Falls, SD 57104, presents a unique investment opportunity. The single-story building, constructed in 1994, sits on a generous 4.5-acre lot, offering ample space for operations and potential expansion. Its versatile zoning, designated as Industrial - Light Manufacturing, allows for a wide range of uses, encompassing manufacturing, warehouse, flex, and distribution functions. The property's strategic location near the intersection of N Cliff Ave and Benson Rd provides excellent accessibility. Its proximity to major transportation arteries, less than 2 miles south of I-90 and 1.5 miles west of I-229, ensures efficient logistics and convenient commutes for employees and clients. The surrounding North Sioux Falls area boasts a dynamic mix of commercial, residential, and recreational amenities, creating a vibrant and desirable location for businesses. This single-tenant property offers a solid foundation for a variety of industrial operations, benefiting from its size, location, and flexible zoning. The property's substantial lot size also provides room for future development or expansion, making it an attractive prospect for long-term growth and investment. This is a rare opportunity to acquire a well-situated and versatile industrial property in a thriving South Dakota market.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1994
    Construction FRAME
    Total area 33,604 SF
    Lot 4.5 ac (196,107 SF)
    APN 62171
    UPID US79-0045877
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $710k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $611k
    Blend (final) Blend
    $660k
    Owner & transaction history
    SANGALLO PROPERTIES LLC
    SANGALLO PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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