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    Property profile & analytics
    OFF-MARKET Estimated value $1,800,000
    Strip malls

    3101 41st St, Sioux Falls, SD 57105-4221

    30,752 SF 4.26 ac lot Built 1988
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US79-0061546
    Property summary
    AI-generated overview

    This exceptional office property, located at 3101 W 41st St, Sioux Falls, SD 57105 (41st & Kiwanis), offers a variety of flexible spaces to suit your business needs. The two-story building features three available suites, ranging from a minimum of 1,024 square feet to a maximum contiguous space of 2,229 square feet. The total vacant space available is 3,253 square feet, allowing for multiple tenancy options. The building is equipped with elevators for convenient access to all floors. This property is ideally suited for a variety of office uses, including traditional office, coworking, executive office, medical office, and creative office spaces. Its convenient location just east of The Empire Mall provides easy access for employees and clients, with nearby amenities including Jacky's Restaurant, Stensland Family Farms, Plato's Closet, and Olive Garden. Each of the three available suites is move-in ready, offering immediate occupancy. This prime location and flexible space options make this an exceptional opportunity for businesses seeking a thriving and accessible office environment in Sioux Falls.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1988
    Construction FRAME
    Total area 30,752 SF
    Lot 4.26 ac (185,522 SF)
    Zoning code FP;FP
    APN 29832
    UPID US79-0061546
    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
    • Fuzion Food Group Big Box & Wholesale Store Food Market
    • Certification Board-Alcohol Social Service Agency Medical Clinic
    • Apple Roofing Roofing Company General Contractor
    • Healing Hands By Tammie Jrgnsn Alternative Medicine Practice Spa & Massage Center
    • Park Place Center Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.80M
    Owner & transaction history
    Monarch Real Estate LLC · 4 yrs held
    Monarch Real Estate LLC
    since 2022
    2 recorded transactions
    2022
    2019
    $175,000
    Zoning & alternative use
    FP;FP · Sioux Falls, SD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.7M +53.7%
    Retail stores $2.7M +53.1%
    Restaurant $2.6M +45.2%
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