Property profile

3500 S Phillips Ave Sioux Falls, SD 57105

FOR LEASE
Office buildings
Property ID
US79-0031774
19,804 SF 1.01 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The Jameson Building, a prestigious Class A office property located at 3500 S. Phillips Avenue in Sioux Falls, South Dakota, offers a unique opportunity for businesses seeking high-quality space. This 19,804 square foot building, constructed in 1978, sits on a 1.01-acre lot and boasts a convenient location at the southeast corner of E. 43rd Street and S. Phillips Avenue. Its prime location provides easy access to major transportation arteries, including Minnesota Avenue, Interstate 229, and 41st Street, ensuring seamless commutes for employees and clients. Currently, there is 801 square feet of vacant, traditional executive office space available for lease within this multi-tenant building. The building features ample paved on-site parking for tenants and visitors. The property is situated in Minnehaha County, South Dakota, and offers a desirable address within Sioux Falls' thriving business community. This is an exceptional opportunity to secure space in a well-maintained, Class A building with excellent visibility and accessibility. The available space is ideal for a variety of businesses seeking a professional and convenient location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 19,804 SF
Lot 1.01 ac (43,778 SF)
APN 39834
UPID US79-0031774

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
  • Business To Business Service Automation Company
  • Structural Engineer
  • Physician
  • Insurance Agency
  • Law Firm Financial Advisor

Location

3500 S Phillips Ave Sioux Falls, SD 57105
Sioux Falls metro Census 1901 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$2.01M

Owner & transaction history

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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More about this property
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