405 W 34Th St Sioux Falls, SD 57105
This exceptional executive office building, located at 405 W 34th St in Sioux Falls, South Dakota, presents a compelling investment opportunity. Boasting 3,600 square feet of space, this Class C building offers three levels of well-appointed office space, each equipped with its own restroom. Abundant natural light floods the interior thanks to numerous windows throughout. Convenience is maximized with separate entrances serving both the garden and main levels. Recent improvements enhance the property's appeal, including brand new lighting fixtures, fresh floor coverings, and a recently resealed and coated parking lot. The 0.15-acre lot (6,600 square feet) provides ample parking. Situated in a high-traffic area off Minnesota Avenue, between 33rd and 37th Streets, this property benefits from excellent visibility and proximity to established businesses such as Culver's, Bagel Boy, Tires Tires Tires, Lewis, Billion Auto, and Hy-Vee. The property is zoned C-2 and was built in 1987. The asking price is $349,000. This is an ideal opportunity for a business seeking a well-maintained, conveniently located office space or an investor looking for a strong return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.