Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Chapel Hl Rd Sioux Falls, SD 57103-1106

    • Office buildings
    • 1,860 SF
    • 86.79 lot acres
    OFF-MARKET
    Value Estimations
    $325,000
    Show details
    Cap Rate Potential
    9.1%
    Office buildings
    Location Intelligence
    Property ID
    US79-0038017
    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

    • Pioneer Enterprises / Funeral Home
    • Hills of Rest Cemetery Wildwood Chapel & Mausoleum / Cemetery
    • Care Group / Funeral Home

    Property Details for 300 Chapel Hl Rd

    Year built
    1992
    Construction
    FRAME
    Lot size
    86.79 lot acres
    Property size
    1,860 SF
    Property type
    Office buildings
    APN
    53643
    APU
    53643

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $445,000
      6.5%
      $410,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $295,000
      Market price range: $136k - $296k
      AI Estimate
      $218,000
      Market price range: $85.0k - $219k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $215,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.6817
    Latitude
    43.5484
    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
    $250
    $737,700
    $1,831,100
    $2,568,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5.22 Acres

      1900 Bahnson Ave

      OFFICE BUILDING • 5.22 Acres
      1900 Bahnson Ave, Sioux Falls, SD 57103-6108
      View Details
    • Value Estimation
      $630,000
      25,486 SF

      1741 Cleveland Ave

      OFFICE BUILDING • 25,486 SF
      1741 Cleveland Ave, Sioux Falls, SD 57103-3901
      View Details
    • Value Estimation
      $315,000
      520 SF

      1500 Cleveland Ave

      OFFICE BUILDING • 520 SF
      1500 Cleveland Ave, Sioux Falls, SD 57103
      View Details
    • Value Estimation
      $250,000
      2,984 SF

      731 Clf Ave

      OFFICE BUILDING • 2,984 SF
      731 Clf Ave, Sioux Falls, SD 57103-0126
      View Details
    • Value Estimation
      $1,535,000
      23,412 SF

      102 Krohn Pl

      OFFICE BUILDING • 23,412 SF
      102 Krohn Pl, Sioux Falls, SD 57103-1800
      View Details
    • Value Estimation by Request
      0.13 Acres

      1108 3rd St

      OFFICE BUILDING • 0.13 Acres
      1108 3rd St, Sioux Falls, SD 57103-0808
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,285 SF

      Former Bank Office For Sale

      Office building with private offices and monument signage available.
      1800 W 12Th St, Sioux Falls, SD 57103
      View Details
    • $499,000
      4,572 SF

      Office/Daycare Property Near 26th Street

      Office/Daycare property with large lot and fenced area.
      1733 S Sherman Ave, Sioux Falls, SD 57103
      View Details
    • $895,000
      1,624 SF

      Prime Sioux Falls Retail Space

      1,624 SF Retail/Restaurant, $895,000
      1120 10Th St, Sioux Falls, SD 57103
      View Details
    • $696,960

      Redevelopment Site at Crossroads

      26.24 acre redevelopment site with high traffic counts.
      4211 W 12Th St, Sioux Falls, SD 57103
      View Details
    • $1,250,000
      2,500 SF

      Freestanding QSR Building with Drive-Thru

      Freestanding QSR building with drive-thru and outdoor patio.
      3501 E 10Th St, Sioux Falls, SD 57103
      View Details
    • $365,000
      Pending

      Sioux Falls Duplex For Sale

      Duplex in Sioux Falls with immediate income potential.
      2204 S Holt Ave, Sioux Falls, SD 57103
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      939 SF

      Executive Suites, Sioux Falls

      Prime Office Space Available Now
      100 Krohn Pl, Sioux Falls, SD 57103
      View Details
    • $10 SF/Yr
      1,800 SF

      Prime Sioux Falls Retail Space

      1800 SF Retail/Office/Salon
      210 Wayland Ave, Sioux Falls, SD 57103
      View Details
    • $10 SF/Yr
      20,278 SF

      Harrisburg Crossing Office Space

      Flexible Office Suites in Prime Location
      220 Cliff Ave, Sioux Falls, SD 57103
      View Details
    • $1,830 /Mo
      1,045 SF

      Office/Retail Space in Sioux Falls

      Office/retail spaces available in downtown Sioux Falls near Eastbank.
      1200 E 3Rd St, Sioux Falls, SD 57103
      View Details
    • $24 SF/Yr
      15,820 SF

      Class A Office Space Available

      High-end office suite with river views and many amenities.
      101 S Reid St, Sioux Falls, SD 57103
      View Details
    • $10 SF/Yr
      1,499 SF

      Prime Sioux Falls Office Suite

      1,499 SF Office Space for Lease
      3001 10Th St, Sioux Falls, SD 57103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Chapel Hl Rd
    Sioux Falls, SD 57103-1106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.