4214 W 38Th St Sioux Falls, SD 57106
For Lease
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This exceptional 3,312 square foot Class A office condominium, situated at 4214 W. 38th Street, offers unparalleled flexibility for a variety of businesses. Built in 2002, this single-story building boasts a total of 9,936 square feet and sits on a 0.24-acre lot (31,486 square feet) zoned Commercial (C-4). The property features a desirable storefront with excellent glass frontage, ideal for retail or showroom use. A spacious rear area provides ample warehouse or production space, easily accessible via an overhead garage. The property includes 38 parking spaces, a significant advantage in this high-traffic location. The interior has been recently renovated, showcasing modern finishes and a flexible floor plan adaptable to diverse business needs. This prime location is surrounded by a thriving hub of retail, building supply businesses, restaurants, and entertainment venues, ensuring high visibility and accessibility. The property is available for purchase as a condominium or for lease, providing owners with multiple occupancy options. Building features include a 31.6 FAR and no elevators. Cross street is Carolyn Avenue.
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Amazing Space General Contractor Renovation Specialist
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
No recorded transactions found for this property.
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.