Property profile

2401 Louise Ave Sioux Falls, SD 57106

OFF-MARKET
Grocery and convenience stores
Property ID
US79-0061483
4,579 SF 1.61 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1999
Construction TYPE NOT SPECIFIED
Total area 4,579 SF
Lot 1.61 ac (70,001 SF)
APN 66778
UPID US79-0061483

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
  • Car Wash
  • Grocery & Convenience Store
  • Gas Station
  • Atm

Location

2401 Louise Ave Sioux Falls, SD 57106-4322
Sioux Falls metro Census 1109 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
$588k
Blend (final) Blend
$505k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $445,000 +207.5%
Office building $385,000 +165.0%
Auto repair, garage $350,000 +142.3%

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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