Property profile

1720 N Louise Ave Sioux Falls, SD 57107

FOR SALE
Industrial land
Property ID
US79-0090767
1.96 ac lot
Individually Owned 13-yr Hold Free & Clear
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1720 N Louise Ave, Sioux Falls, SD 57107 For Sale
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1720 N Louise Ave, Sioux Falls, SD 57107
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Property summary

AI-generated overview

This exceptional 85,517 square foot commercial land parcel, located at 1720 N Louise Ave in Sioux Falls, South Dakota, presents a unique investment opportunity. Zoned C-2 District / RE-3 Form, this property offers significant potential for a variety of commercial developments. The asking price is $1,710,340. Its strategic location provides unparalleled visibility and accessibility, situated amongst established businesses and key community landmarks. Neighbors include the Elmwood Golf Course, Denny Sanford Premier Center, Sioux Falls Arena, Howard Wood Field, Holiday Inn & Suites, Sheraton Hotel, and Ramada Resort Hotel, ensuring high traffic and strong brand recognition for any new development. The property boasts two convenient entrances, making it particularly well-suited for a convenience store, strip mall, or car outlot. This is a rare chance to establish a business in a vibrant and well-connected area of Sioux Falls, within Minnehaha County, zip code 57107. The property is available for sale or build-to-suit arrangements. Serious inquiries are encouraged.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.96 ac (85,508 SF)
APN 86390
UPID US79-0090767

Cap rate & NOI

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

Location

1720 N Louise Ave Sioux Falls, SD 57107
Sioux Falls metro Census 202 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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