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Property profile

1601 41st St Sioux Falls, SD 57105

OFF-MARKET
Showrooms
Property ID
US79-0047635
90,468 SF 8.39 ac lot Built 1987
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a single-tenant Shopko retail building totaling 90,585 square feet, situated in an area’s dominant retail corridor along 41st Street at a signalized intersection. The building has been operating at this location since 1987. Its site is positioned near other major retail uses, with The Empire Mall located approximately one mile away. The property is configured as a triple-net retail investment structure, with contractual provisions for rental escalations and renewal options that extend beyond the initial lease term through the stated 2035 expiration date.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$124k
Tax billed · 2022
Assessed value$6.46M
Assessed land$2.10M
Assessed improvement$4.35M
Effective rate1.93%

Value estimate

· Nov 2026
$14.40M
$12.96M – $15.83M
CAP approach$16.91M
Submarket $/SF estimate$11.88M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMINNEHAHA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
HVAC Service10.3
Laundry Service9.4

Location

1601 41st St Sioux Falls, SD 57105-6371
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2520 Minnesota, Sioux Falls, SD 57105-4729 $590,000 Jun 2023 5,268 SF
1740 Clf, Sioux Falls, SD 57105-2129 $965,000 Jun 2023 16,469 SF
1801 Minnesota, Sioux Falls, SD 57105-2810 $255,000 Jul 2022 4,906 SF
1312 41st, Sioux Falls, SD 57105-6315 $1,470,000 May 2022 6,360 SF
2000 41st, Sioux Falls, SD 57105-5441 $3,083,500 Apr 2020 5,000 SF
1605 41st, Sioux Falls, SD 57105-6371 $1,400,000 Jan 2019 6,035 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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