Property profile

3508 Gtwy Blvd Sioux Falls, SD 57106

OFF-MARKET
Hotels
Property ID
US79-0052219
30,232 SF 2.12 ac lot Built 1993
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1993
Construction FRAME
Total area 30,232 SF
Lot 2.12 ac (92,391 SF)
APN 32900
UPID US79-0052219

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

3508 Gtwy Blvd Sioux Falls, SD 57106-1558
Sioux Falls metro Census 1108 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.49M
CAP Approach CAP
$2.61M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.55M

Owner & transaction history

since 2021
Last sale
$3.0M
2 recorded transactions
2024
Price N/A
2021
$3.0M

Zoning & alternative use

Top alternative use upside
Commercial (general) $3.0M +64.1%
Office building $2.5M +41.4%
Restaurant $2.4M +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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