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    Property profile & analytics

    4101 Westport Ave Sioux Falls, SD 57106-2368

    • Office buildings
    • 5,698 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    May 08, 2023
    $330,000
    Location Intelligence
    Property ID
    US79-0034755
    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.

    Current Use by Public Records

    • MGM Insurance Group / Insurance Agency
    • CorVel Corporation / Rehabilitation Center
    • Paulson Monuments Inc / Monument Maker
    • South Dakota Parole Services / Correctional Services Department
    • Progressive Car Insurance / Insurance Company

    Property Details for 4101 Westport Ave

    Year built
    1988
    Construction
    FRAME
    Lot size
    0.79 lot acres
    Property size
    5,698 SF
    Zone code
    FP;FP
    Property type
    Office buildings
    APN
    57451
    APU
    57451

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $335,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $365,000
      Mixed-Use
      $355,000
      Hospitality
      $360,000
      Educational
      $290,000
      Residential Income
      $330,000
      Energy
      $355,000
      Income-Based Land
      $320,000
      Food Service
      $360,000

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7682
    Latitude
    43.5088
    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
    $13,352
    $206,300
    $488,800
    $695,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      92,037 SF

      3901 53rd St

      OFFICE BUILDING • 92,037 SF
      3901 53rd St, Sioux Falls, SD 57106-4221
      View Details
    • Value Estimation by Request
      16,908 SF

      3600 Westport Ave

      OFFICE BUILDING • 16,908 SF
      3600 Westport Ave, Sioux Falls, SD 57106-6342
      View Details
    • Value Estimation by Request
      8,400 SF

      3409 Gtwy Blvd

      OFFICE BUILDING • 8,400 SF
      3409 Gtwy Blvd, Sioux Falls, SD 57106-8314
      View Details
    • Value Estimation
      $435,000
      4,476 SF

      4105 Carnegie Pl

      OFFICE BUILDING • 4,476 SF
      4105 Carnegie Pl, Sioux Falls, SD 57106-2360
      View Details
    • Value Estimation
      $350,000
      2,512 SF

      3809 Technology Cir

      OFFICE BUILDING • 2,512 SF
      3809 Technology Cir, Sioux Falls, SD 57106-4233
      View Details
    • Value Estimation
      $345,000
      2,512 SF

      3811 Technology Cir

      OFFICE BUILDING • 2,512 SF
      3811 Technology Cir, Sioux Falls, SD 57106-4233
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Sioux Falls Office Space Available

      Office spaces for lease with abundant natural light and parking.
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    • $20 SF/Yr
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      Versatile Flex Space Available

      Adaptable flex space with warehouse and office components for rent.
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    • $12 SF/Yr
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      Professional Office Space For Rent

      Main level office space available in high-traffic location.
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      View Details
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    Sioux Falls, SD 57106-2368
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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