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Property profile & analytics
OFF-MARKET
Strip malls

3001 10th St Sioux Falls, SD 57103-2101

7,120 SF 1.23 ac lot Built 1977
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US79-0038060
Property summary
AI-generated overview

Allison Plaza, located at 3001 E 10th St, Sioux Falls, SD 57103, offers a fantastic opportunity to lease a 569 square foot executive office suite within a larger 13,750 square foot multi-tenant building. This updated storefront space boasts a private office and a large open work area, perfect for a small business or professional. The building, constructed in 1977, features 67 total parking spaces, providing ample convenience for employees and clients. The property is zoned C-2 commercial, allowing for a variety of uses. Enjoy excellent visibility and high traffic counts, averaging 24,700 cars daily, with prominent neighbors including Campbell's Supply, Applebee's, HyVee Grocery, Austad's, and Family Dollar. The location provides quick access to I-229, situated just half a mile to the east. Lease terms are $8 per square foot, with estimated NNN expenses of $5.65 per square foot and estimated utilities of $2.02 per square foot. A total of 513 square feet of space is currently vacant within the building. This is an exceptional opportunity to establish a presence in a thriving Sioux Falls commercial corridor.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1977
Construction TYPE NOT SPECIFIED
Total area 7,120 SF
Lot 1.23 ac (53,622 SF)
APN 53667
UPID US79-0038060
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
  • Twice Bitten Tattoos and Piercings Tattoo & Piercing Shop
  • 9999 Boba Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Allison Plaza LLC · 3 yrs held
Allison Plaza LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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