Property profile

3401 1ST AVE Sioux Falls, SD 57104

OFF-MARKET
Warehouse, Storage
Property ID
US79-0033413
12,070 SF 2.71 ac lot Built 1991
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Property summary

AI-generated overview

The property includes a 7,270-square-foot crossdock terminal with office space and 24 truck bays, as well as a 4,800-square-foot storage building featuring three 14-foot grade-level doors. The buildings are situated on a 2.71-acre lot within the Sioux Empire Development Park Three, near the Sioux Falls Regional Airport. The site provides access to Benson Road, Cliff Avenue, I-90, and I-229, and is positioned within an established industrial/commercial area. The configuration supports truck terminal, distribution, industrial, and warehouse uses.

Property profile

Verified
Property type Warehouse, Storage
Year built 1991
Total area 12,070 SF
Lot 2.71 ac (118,091 SF)
APN 60002
UPID US79-0033413

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3401 1ST AVE Sioux Falls, SD 57104
Sioux Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$415,000
1 recorded transaction
2024
$415,000
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