Financial
Distress signals
Property profile

4320 South Louise Ave Sioux Falls, SD 57106

FOR LEASE
Office buildings
Property ID
US79-0069736
5,504 SF 0.36 ac lot Built 1981
Last sale Dec 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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

The property is a two-story office building located along Louise Avenue near 49th Street in Sioux Falls. It includes 18 parking spaces, with a parking ratio of 1 space per 305 (as stated in the listing), and features an additional point of entry from Arway Drive. The building has Louise Avenue street exposure supported by on-site signage, and is reported to have a daily traffic count of 20,800 vehicles. It is connected to nearby transportation corridors, including I-229, 41st Street, and 57th Street, providing access to major routes in the surrounding area.

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?
$10k
Tax billed · 2022
Assessed value$537k
Assessed land$154k
Assessed improvement$383k
Effective rate1.88%

Value estimate

· Sep 2026
$335k
$302k – $369k
AI approach$335k
NOI build-up
Gross scheduled income$6k
Vacancy & credit loss−$945
Operating expenses−$1k
NOI · 594.96% cap applied$4k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$73 – $159

Cap rate analysis

How does the asset earn?
594.96%
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
FP;FP
JurisdictionMINNEHAHA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply19.7
Storage Facility14.9
HVAC Service13.9

Location

4320 South Louise Ave Sioux Falls, SD 57106
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4301 12th, Sioux Falls, SD 57106-0303 $2,072,000 Jul 2023 5,774 SF
4101 Westport, Sioux Falls, SD 57106-2368 $330,000 May 2023 5,698 SF
4309 Louise, Sioux Falls, SD 57106-2214 $577,500 Aug 2022 3,519 SF
3413 Gtwy, Sioux Falls, SD 57106-1555 $758,500 Mar 2021 8,784 SF
4309 Racket, Sioux Falls, SD 57106-2257 $625,000 Sep 2020 6,100 SF
3800 Technology, Sioux Falls, SD 57106-4234 $800,000 Aug 2020 7,949 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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