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    Property profile & analytics

    3200 Louise Ave Sioux Falls, SD 57106-0703

    • Retail space
    • 5,720 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $2,225,000
    Last Sale
    Sep 19, 2022
    $2,150,000
    Location Intelligence
    Property ID
    US79-0067913
    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

    • Rush My Passport / Visa And Passport Office / Passport Photo Processor
    • FedEx Office Print & Ship Center / Passport Photo Processor / Shipping And Mailing Service

    Property Details for 3200 Louise Ave

    Year built
    2000
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.68 lot acres
    Property size
    5,720 SF
    Property type
    Retail space
    APN
    68976
    APU
    68976

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,015,000
      6.5%
      $2,135,000
      7%
      $2,260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,950,000
      Geo Method
      $2,315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,715,000
      Retail
      $2,110,000
      Mixed-Use
      $1,785,000
      Hospitality
      $2,005,000
      Educational
      $1,935,000
      Residential Income
      $2,170,000
      Energy
      $1,765,000
      Income-Based Land
      $1,665,000
      Food Service
      $2,100,000

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7704
    Latitude
    43.5158
    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
    $17,052
    $368,000
    $537,600
    $905,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      28,320 SF

      3700 41st St

      RETAIL STORES (PERSONAL SERVICES) • 28,320 SF
      3700 41st St, Sioux Falls, SD 57106-0714
      View Details
    • Value Estimation by Request
      1,584 SF

      4216 Empire Pl

      Individual retail properties • 1,584 SF
      4216 Empire Pl, Sioux Falls, SD 57106
      View Details
    • Value Estimation by Request
      2,294 SF

      4600 Homefield Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,294 SF
      4600 Homefield Dr, Sioux Falls, SD 57106
      View Details
    • Value Estimation by Request
      4,870 SF

      3801 41st St

      RETAIL STORES (PERSONAL SERVICES) • 4,870 SF
      3801 41st St, Sioux Falls, SD 57106-0722
      View Details
    • Value Estimation
      $1,220,000
      11,880 SF

      2801 Carolyn Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,880 SF
      2801 Carolyn Ave, Sioux Falls, SD 57106-0734
      View Details
    • Value Estimation
      $335,000
      3,720 SF

      4633 Homefield Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,720 SF
      4633 Homefield Dr, Sioux Falls, SD 57106-3511
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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    Similar Nearby for Lease

    • $25 SF/Yr

      Highly Visible Retail Location

      Retail space with excellent access and flexible size options.
      2520 S Louise Ave, Sioux Falls, SD 57106
      View Details
    • $26 SF/Yr
      4,008 SF

      Retail Space Near Jefferson High

      Retail space available near schools and colleges with parking.
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      Meadows Square Office Suites

      Prime Sioux Falls Office Space Available
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    • $18 SF/Yr
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      Retail Space in Village on Louise

      Retail space in high-traffic area with flexible floorplan.
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    • $28 SF/Yr
      1,584 SF

      Empire Mall Outlot Retail Space

      Retail space available on Empire Mall outlot.
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      View Details
    • $40 SF/Yr
      2,000 SF

      Retail Space with Drive-Thru Potential

      Retail space with drive-thru and patio potential in Sioux Falls.
      5701 E 41St St, Sioux Falls, SD 57106
      View Details
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    Sioux Falls, SD 57106-0703
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    Realmo Value Estimation

    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.

    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.

    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
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