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    Property profile & analytics
    FOR SALE
    Commercial real estate

    3901 W 59Th St, Sioux Falls, SD 57108

    7.25 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US79-0188572
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 7.25 ac (315,636 SF)
    Zoning code MUNICIPALITY
    APN 280.51.05.006A
    UPID US79-0188572
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Emergency Towing Sioux Falls Auto Repair Shop
    • Aerostar Corporate Office Factory
    • Avera - Pasque Place Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $560k
    Owner & transaction history
    SIOUX RIVER LMTD PARTNERSHIP
    SIOUX RIVER LMTD PARTNERSHIP
    Zoning & alternative use
    MUNICIPALITY · Sioux Falls, SD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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