3901 W 59Th St, Sioux Falls, SD 57108
For Sale
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This exceptional Class A office building, located at 3901 W 59th Street in Sioux Falls, South Dakota, presents a compelling core investment opportunity. The property boasts a substantial 37,924 square feet of meticulously maintained space, currently enjoying 100% occupancy. This translates to a strong, stable income stream for the discerning investor. The asking price is $6,689,443, representing a price per square foot of $176.39. Situated in Lincoln County, within the 57108 zip code, this property benefits from its prime location in Sioux Falls. The building's traditional office design caters to a wide range of professional tenants, ensuring long-term value and potential for appreciation. The building's high occupancy rate speaks volumes about its desirability and the strength of the local market. This is a rare opportunity to acquire a fully leased, high-quality office building in a thriving South Dakota market. The property's strong financials and prime location make it an ideal addition to any investment portfolio seeking consistent returns and long-term growth. Detailed financial information is available upon request. This is an owner-occupied investment opportunity, offering significant potential for both immediate income and future appreciation. Don't miss this chance to secure a premier commercial property in a dynamic and growing city.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MUNICIPALITY · Sioux Falls, SDSioux Falls. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.