401 N Phillips Ave Sioux Falls, SD 57104
Property profile & analytics
401 N Phillips Ave, Sioux Falls, SD 57104
- Investment properties
- 37,400 SF
- 0.30 lot acres
Property ID
US79-0041558
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- DJ Mccullough Art Gallery / Artist / Art Gallery
Property Details for 401 N Phillips Ave
- Year built
- 1902
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.30 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 27655
- APU
- 27655
Description
This exceptional 15,000 square foot mixed-use building, originally constructed in 1903 using native Sioux Quartzite, presents a rare redevelopment opportunity in the heart of Sioux Falls, South Dakota. Located at 401 N. Phillips Ave, this property boasts a rich history as a four-story grocery warehouse. Currently undergoing renovation, the main floor offers 7,500 square feet of adaptable office space, perfect for executive, traditional, or creative office uses. The building's prime location places it at the center of Sioux Falls' revitalized 6th Street district, near significant landmarks such as the $21 million Unity Bridge, Cherapa Place, Steel District, Levitt Bandshell, Startup Sioux Falls, Jones 421, Jacobson Plaza, and Falls Park. This is one of the last remaining redevelopment opportunities on Phillips Avenue, offering businesses a chance to be part of a thriving, dynamic urban environment. The building is situated in Minnehaha County, South Dakota, and features multiple tenancy options. This is an unparalleled chance to establish a presence in a rapidly growing and highly desirable area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,020,000
- ML approach
- $3,635,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,595,000
- RETAIL STORES
- $2,550,000
- MEDICAL BUILDING
- $2,360,000
- AUTO REPAIR, GARAGE
- $2,335,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.7273
- Latitude
- 43.5515
- CBSA code
- 43620
- CBSA name
- SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$36,771
$184,800
$1,833,800
$2,018,600
-
$0.00
$0.00
$0.00
