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    Property profile & analytics

    1605 51st St Sioux Falls, SD 57105-6653

    • Specialty properties
    • 10,908 SF
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    $1,010,000
    Last Sale
    Jan 11, 2024
    $970,000
    Location Intelligence
    Property ID
    US79-0045492
    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

    • “DE DIOS ES EL PODER Sioux Falls MINISTERIO DE RESTAURACIÓN / Hispanic Church / Church

    Property Details for 1605 51st St

    Year built
    1972
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.79 lot acres
    Property size
    10,908 SF
    Property type
    Specialty properties
    APN
    52870
    APU
    52870

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,035,000
      6.5%
      $985,000
      7%
      $975,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,115,000
      Geo Method
      $1,035,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,245,000
      Retail
      $1,235,000
      Mixed-Use
      $1,045,000
      Hospitality
      $1,035,000
      Educational
      $1,160,000
      Residential Income
      $1,265,000
      Energy
      $930,000
      Income-Based Land
      $1,125,000
      Food Service
      $960,000

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7448
    Latitude
    43.5068
    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
    $1,293
    $427,800
    $717,400
    $1,145,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.40 Acres

      309 43Rd St

      Office space • 1.40 Acres
      309 43Rd St, Sioux Falls, SD 57105
      View Details
    • Value Estimation by Request
      988 SF

      4101 Western Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 988 SF
      4101 Western Ave, Sioux Falls, SD 57105-6619
      View Details
    • Value Estimation
      $320,000
      3,644 SF

      3209 Smt Ave

      VETERINARY, ANIMAL HOSPITAL • 3,644 SF
      3209 Smt Ave, Sioux Falls, SD 57105-5641
      View Details
    • Value Estimation by Request
      0.20 Acres

      313 39th St

      CHARITABLE ORGANIZATION • 0.20 Acres
      313 39th St, Sioux Falls, SD 57105-5710
      View Details
    • Value Estimation
      $355,000
      2,000 SF

      3508 Minnesota Ave, Unit 100

      VETERINARY, ANIMAL HOSPITAL • 2,000 SF
      3508 Minnesota Ave, Sioux Falls, SD 57105-6457
      View Details
    • Value Estimation by Request
      2,528 SF

      312 30th St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,528 SF
      312 30th St, Sioux Falls, SD 57105-3804
      View Details

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    Similar Nearby for Lease

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      Prime Office Space, High Traffic Location
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      Climate-controlled warehouse with dock doors and easy access.
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      Retail suites available in high-traffic Sioux Falls location.
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    • Contact for pricing
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      New Professional Office Building

      New three-story office building with underground parking and high visibility.
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      Retail/showroom and warehouse space with street frontage and signage.
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      Professional Office Space Available

      Office space with private offices, reception, and ample parking.
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      View Details
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    Sioux Falls, SD 57105-6653
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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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