Financial
Distress signals
Property profile

405 16th St Sioux Falls, SD 57104

OFF-MARKET
Parking lots & garages
Property ID
US79-0070171
0.11 ac lot Built 2007
Last sale Jan 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This well-maintained commercial garage/shop features a clean, open interior layout designed to support flexible use. The building includes bright interior lighting, gas heating, electrical service, and durable concrete floors. Loading and equipment access are provided by a single overhead garage door measuring 10 feet tall by 12 feet wide. The property has paved access and low-maintenance exterior finishes, with off-street parking included for 6 vehicles. The site is zoned C2:RE3; permitted

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value$56k
Assessed land$30k
Assessed improvement$26k
Effective rate2.12%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2;GENERAL COMMERCIAL
JurisdictionMINNEHAHA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.5
Electrical Service10.0
Acupuncture9.4

Location

405 16th St Sioux Falls, SD 57104
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1305 39th N, Sioux Falls, SD 57104-0833 $560,000 Aug 2024 3,000 SF
1501 Minnesota, Sioux Falls, SD 57104-0301 $1,925,000 May 2024 14,552 SF
1204 52nd N, Sioux Falls, SD 57104-5529 $350,000 Sep 2023 4,546 SF
4412 Hillcrest, Sioux Falls, SD 57104-0516 $85,000 Mar 2023 2,000 SF
2215 Nn, Sioux Falls, SD 57104-0923 $325,000 Feb 2023 3,270 SF
900 Clf, Sioux Falls, SD 57104-5323 $350,000 Sep 2022 1,870 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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