Technical
Financial
Distress signals
Property profile

1500 22nd St Sioux Falls, SD 57105

OFF-MARKET
Medical Office Space
Property ID
US79-0040803
72,553 SF 0.97 ac lot Built 1995
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction STEEL FRAME
Total area 72,553 SF
Lot 0.97 ac (42,371 SF)
APN 34686
UPID US79-0040803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic

Location

1500 22nd St Sioux Falls, SD 57105-7702
Sioux Falls metro Census 10600 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.15M
Blend (final) Blend
$7.21M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $7.1M +57.7%
Office building $6.4M +42.5%
Retail stores $6.4M +42.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1500 22nd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message