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    Property profile & analytics

    1500 Kiwanis Ave Sioux Falls, SD 57104-1000

    • Hotels
    • 28,686 SF
    • 1.51 lot acres
    OFF-MARKET
    Value Estimation
    $2,935,000
    Last Sale
    Feb 02, 2023
    $2,575,000
    Location Intelligence
    Property ID
    US79-0066913
    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

    • Sleep Inn Airport / Hotel

    Property Details for 1500 Kiwanis Ave

    Year built
    1994
    Construction
    FRAME
    Lot size
    1.51 lot acres
    Property size
    28,686 SF
    Property type
    Hotels
    APN
    62158
    APU
    62158

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,525,000
      6.5%
      $2,420,000
      7%
      $2,505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,645,000
      Geo Method
      $2,330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,795,000
      Retail
      $3,005,000
      Mixed-Use
      $2,715,000
      Hospitality
      $2,515,000
      Educational
      $2,460,000
      Residential Income
      $2,850,000
      Energy
      $3,025,000
      Income-Based Land
      $3,005,000
      Food Service
      $2,825,000

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7605
    Latitude
    43.5631
    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
    $37,738
    $180,600
    $1,927,200
    $2,107,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      31,884 SF

      5100 Clf Ave

      HOTEL • 31,884 SF
      5100 Clf Ave, Sioux Falls, SD 57104-0596
      View Details
    • Value Estimation by Request
      0.53 Acres

      102 Riv Rd

      HOTEL • 0.53 Acres
      102 Riv Rd, Sioux Falls, SD 57104
      View Details
    • Value Estimation by Request
      168,854 SF

      100 8th St

      HOTEL • 168,854 SF
      100 8th St, Sioux Falls, SD 57104-6701
      View Details
    • Value Estimation by Request
      123,701 SF

      1301 Russell St

      HOTEL • 123,701 SF
      1301 Russell St, Sioux Falls, SD 57104-1326
      View Details
    • Value Estimation by Request
      14,911 SF

      1201 18th St

      HOTEL • 14,911 SF
      1201 18th St, Sioux Falls, SD 57104
      View Details
    • Value Estimation by Request
      0.77 Acres

      120 9th St

      HOTEL • 0.77 Acres
      120 9th St, Sioux Falls, SD 57104-6716
      View Details

    Similar Nearby for Sale

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      Sioux Falls Commercial Property For Sale

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      High-visibility commercial land in a rapidly growing area.
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    Similar Nearby for Lease

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      Creative office spaces for lease in Sioux Falls.
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    • $6 SF/Yr
      10,290 SF

      Madison Business Center: Flex Space

      10,290 SF Flex/Warehouse in Sioux Falls
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    • $25 SF/Yr
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      151 4 Pl

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      151 4 Pl, Sioux Falls, SD 57104
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    • $1,400 /Mo
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      Sioux Falls Industrial Shop Spaces

      Industrial shop spaces with convenient access and secured property.
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    • $1,799,999
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      Highly Visible Retail Showroom

      Retail space with showroom, offices, and signage opportunities.
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      View Details

    Property Visit Statistics

    • Visits by month
      7.9k
    • Visitors by month
      7.6k
    • Avg Time on site
      8 min
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    1500 Kiwanis Ave
    Sioux Falls, SD 57104-1000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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