4220 38th St Sioux Falls, SD 57106-0788
This single-story, 3,312 square foot Class B office building in Sioux Falls, South Dakota, presents a fantastic owner-user investment opportunity. Located at 4220 W 38th St, this property sits on a 3.675-acre lot and is zoned C-4. Built in 2000, the building features a functional layout ideal for various professional uses, including medical or traditional office spaces. The interior includes a reception/waiting area, multiple offices, a conference room, kitchenette, copy room, ample storage, and parking for fourteen vehicles. Most furniture, including desks, a conference table and chairs, and a copy machine, is included with an accepted offer. The asking price is $525,000, translating to $158.51 per square foot. This turnkey property offers immediate occupancy and significant potential for a variety of businesses. The property's APN is 75055.
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Assemblies of GOD-SD District Church
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.