Property profile

1800 South Alpine Ave Sioux Falls, SD 57110

FOR SALE
Office buildings
Property ID
US79-0047881
3,136 SF 0.46 ac lot Built 1995
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 1800 S Alpine Avenue in Minnehaha County offers three immediately available executive office suites, perfect for small businesses or entrepreneurs. The building, constructed in 1995, boasts a total of 360 square feet, with each suite ranging from a minimum of 96 square feet to a maximum contiguous space of 144 square feet. The flexible layout allows for multiple tenancy options, catering to diverse business needs. The property is classified as Class C and sits on a substantial 20,064 square foot lot, providing ample space and visibility. Currently, all 360 square feet are vacant and ready for immediate occupancy. Shared amenities include a convenient kitchen and a professional conference room, enhancing productivity and collaboration. Furthermore, prominent building and monument signage opportunities are available to boost your company's brand awareness. A significant advantage is that the lease rate is inclusive of utilities, simplifying budgeting and operational costs. Interior photos will be available soon. This is an excellent opportunity to secure high-quality office space in a desirable location. Contact us today to schedule a viewing and secure your ideal workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Construction FRAME
Total area 3,136 SF
Lot 0.46 ac (20,059 SF)
APN 63368
UPID US79-0047881

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
  • Insurance Agency
  • Real Estate Agency
  • Property Management Company
  • Apartment Building
  • Roofing Company General Contractor

Location

1800 South Alpine Ave Sioux Falls, SD 57110
Sioux Falls metro Census 1806 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2014
1 recorded transaction
2014
$316,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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