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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Bars & Pubs
201 11th St Sioux Falls, SD 57104-6748
Entity Owned
2-yr Hold
Free & Clear
Property ID
US79-0042687
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1922
Construction
TYPE NOT SPECIFIED
Total area
5,116 SF
Lot
0.3 ac (13,199 SF)
APN
43090
UPID
US79-0042687
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Chili Green Salon Hair Salon Nail Salon
-
Eastwold Smoke Shop (Bike/Boat/Book/etc) Store
-
Stogeez Cigar Lounge Bar & Pub
-
Bin 201 Bar & Pub
-
Nica Style Shop Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Manascu Holding LLC · 2 yrs held
Manascu Holding LLC
since 2024
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sioux Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sioux Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,600,000
ML approach
$1,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.60M (Jul 3 2024)
Last sale anchor
$1.60M
Jul 3 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$313 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,929
Tax year 2024
Assessed value
$186,500
Assessed 2023
Previous assessed
$839,000
-77.8% YoY
Effective rate
8.00%
On assessed value
Assessed land
$168,100
Assessed improvement
$18,400
Applied tax rate
90,495.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1922
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
5,116 SF
Lot
0.3 ac (13,199 SF)
APN
43090
UPID
US79-0042687
Jurisdiction
MINNEHAHA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1922
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Manascu Holding LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1500 N MAYNARD LN, SIOUX FALLS, SD 57110-7701
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
—
Manascu Holding LLC
Hagai Manascu
Quit Claim Deed
related
—
Apr 10, 2024
—
Carmela Peregrino Allen
Roger P Allen
Intrafamily Transfer
related
—
Feb 25, 2020
$1,600,000
Clchmj LLC
Jhk LLC
Warranty Deed
$1,280,000 · American Bank & Trust Co
Jan 19, 2017
—
Jhk LLC
—
Deed
related
—
May 20, 2015
$340,000
Shaen Haven Property LLC
Not Provided
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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