Property profile

3005 Carolyn Ave Sioux Falls, SD 57106

OFF-MARKET
Hotels
Property ID
US79-0094170
29,356 SF 1.15 ac lot Built 2014
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2014
Construction FRAME
Total area 29,356 SF
Lot 1.15 ac (49,963 SF)
Zoning code FP;FP
APN 86831
UPID US79-0094170

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
  • Hotel & Motel

Location

3005 Carolyn Ave Sioux Falls, SD 57106-0730
Sioux Falls metro Census 1109 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.54M
Comparable Approach Comparable
$1.97M
Blend (final) Blend
$2.25M

Owner & transaction history

since 2013
1 recorded transaction
2013
$380,000

Zoning & alternative use

FP;FP · Sioux Falls, SD
Top alternative use upside
Commercial (general) $2.9M +64.1%
Office building $2.5M +41.4%
Restaurant $2.3M +34.0%

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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