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Property profile & analytics
OFF-MARKET
Banks
3905 49th St Sioux Falls, SD 57106-4206
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US79-0047952
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2005
Construction
TYPE NOT SPECIFIED
Total area
19,436 SF
Lot
2.66 ac (116,044 SF)
APN
78877
UPID
US79-0047952
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
-
Preston Evans Mortgage Loan Service Bank
-
Plains Commerce Bank Bank Loan Service
-
Plains Commerce Mortgage Loan Service Bank
-
Brian French Mortgage Banker Sioux Falls NMLS #1232922 Loan Service Bank
-
Chris Vinson: Plains Commerce Bank Mortgage NMLS #473266 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Braedyn Plooster · 2 yrs held
Braedyn Plooster
since 2023
Last sale
$229,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sioux Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sioux Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$107,786
Tax year 2022
Assessed value
$5,824,000
Assessed 2022
Previous assessed
$5,173,700
+12.6% YoY
Effective rate
1.85%
On assessed value
Assessed land
$812,400
Assessed improvement
$5,011,600
Applied tax rate
90,495.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
19,436 SF
Lot
2.66 ac (116,044 SF)
APN
78877
UPID
US79-0047952
Jurisdiction
MINNEHAHA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
2.66 ac
Current owner
From public records · entity-resolved
Braedyn Plooster
Individual
Mailing address
220 MAIN ST, HOVEN, SD 57450-7732
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Carrie Aleshire
—
Deed
related
$211,334 · South Dakota To The South Dakota Housing
May 21, 2024
—
Austin Cole
—
Deed
related
$225,950 · Plains Commerce Bank
May 3, 2024
—
Caleb Van Wyhe
—
Deed
related
$13,255 · South Dakota Housing Development Authori
Sep 14, 2023
$229,000
Braedyn Plooster
South Eastern Development Foundatio
Warranty Deed
$224,852 · Plains Commerce Bank
Aug 9, 2023
—
Masue David Tonny
—
Deed
related
$307,056 · Minnehaha County
Aug 7, 2023
—
Nikki Obregon
—
Deed
related
$239,926 · Minnehaha County
Jul 14, 2023
—
Garrett M Harms
—
Deed
related
$13,354 · Plains Commerce Bank
May 17, 2023
—
Govinda Tiwari SR.
—
Deed
related
$267,358 · Plains Commerce Bank
May 5, 2023
—
Kyle Werning
—
Deed
related
$187,000 · Plains Commerce Bank
Dec 7, 2020
—
Filomena Ruiz
—
Deed
related
$166,822 · Plains Commerce Bank
Mar 10, 2020
—
Plains Commrce Bank
Bryce Colin Trumbull
Intrafamily Transfer
related
—
Mar 4, 2020
—
Dustin Lee Lovre
—
Deed
related
$156,389 · Plains Commerce Bank
Aug 14, 2019
—
Shannon Jefferson
—
Deed
related
$221,800 · Plains Commerce Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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