Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4700 Northview Ave Sioux Falls, SD 57107-0869
    Back to Search
    Property profile & analytics

    4700 Northview Ave, Sioux Falls, SD 57107-0869

    View on Map
    • Manufacturing properties
    • 30,128 SF
    • 4.83 lot acres
    Off-Market
    Property ID
    US79-0073580
    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.
    Value Estimations
    $645,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sioux Falls HVAC / HVAC Service / General Contractor

    Property Details for 4700 Northview Ave

    Year built
    2006
    Construction
    TYPE NOT SPECIFIED
    Lot size
    4.83 lot acres
    Property type
    Manufacturing properties
    APN
    80390
    APU
    80390

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 16, 2025 — Robert A Dewit — Deed · related $3.6M · First Dakota National Bank
    Jul 29, 2021 — Bf Building LLC — Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $701,000
      Market price range: $563k - $1.18M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $725,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7648
    Latitude
    43.5978
    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
    $43,103
    $368,400
    $1,785,200
    $2,153,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $880,000
      22,720 SF

      25814 Rudolph Ave

      MANUFACTURING (LIGHT)
      25814 Rudolph Ave, Sioux Falls, SD 57107-6443
      View Details
    • Value Estimation
      $2,700,000
      167,162 SF

      5001 Delbridge St

      MANUFACTURING (LIGHT)
      5001 Delbridge St, Sioux Falls, SD 57107-8508
      View Details
    • Value Estimation by Request
      4.48 Acres

      3201 54th N St

      MANUFACTURING (LIGHT)
      3201 54th N St, Sioux Falls, SD 57107-2116
      View Details
    • Value Estimation
      $4,980,000
      28,911 SF

      4301 Northview Ave

      MANUFACTURING (LIGHT)
      4301 Northview Ave, Sioux Falls, SD 57107-0876
      View Details
    • Value Estimation by Request
      10.04 Acres

      4100 Northview Ave

      MANUFACTURING (LIGHT)
      4100 Northview Ave, Sioux Falls, SD 57107-0859
      View Details
    • Value Estimation
      $905,000
      41,517 SF

      6900 Diane Cir

      MANUFACTURING (LIGHT)
      6900 Diane Cir, Sioux Falls, SD 57107-6489
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Sioux Falls Land Parcel

      4.99 acres with I-29 access, suitable for storage/warehouses.
      2955 W Maple St, Sioux Falls, SD 57107
      View Details
    • $9,412,880

      41 Acres Mixed-Use Development Site

      41.16-acre mixed-use development site in Sioux Falls, South Dakota.
      5801 N Kiwanis Ave, Sioux Falls, SD 57107
      View Details
    • Contact for pricing

      Development Land Near Interstate-29

      5-acre commercial land parcel near I-29 in Sioux Falls.
      2500 W 60Th St N, Sioux Falls, SD 57107
      View Details
    • $690,000
      9.46 Acres

      Agricultural Land Near Sioux Falls

      9.46 acre ag-zoned parcel near Sioux Falls.
      Ellis Rd, Sioux Falls, SD 57107
      View Details
    • Contact for pricing

      Prime Commercial Land I-29 Visibility

      2.09 acre commercial land with high I-29 visibility.
      1710 N Louise Ave, Sioux Falls, SD 57107
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,000 SF

      Sioux Falls Warehouse and Manufacturing Space

      Renovated warehouse and manufacturing space with convenient interstate access.
      5604 W 9Th St, Sioux Falls, SD 57107
      View Details
    • Contact for pricing

      Sioux Falls Contractor Shops ForRent

      Contractor shops with convenient access to I29 and I90.
      4020 W Tickman St, Sioux Falls, SD 57107
      View Details
    • $6 SF/Yr

      Sioux Falls Flex Space

      16,000 SF flex space with showroom and storage.
      5620 W 9Th St, Sioux Falls, SD 57107
      View Details
    • Contact for pricing

      Spacious Warehouse with Loading Docks

      Large warehouse featuring loading docks and convenient highway access.
      47187 Winter Pl, Sioux Falls, SD 57107
      View Details
    • Contact for pricing
      4,500 SF

      Sioux Falls Warehouse Space

      9,000 SF warehouse space available for lease.
      6412 W 12Th St, Sioux Falls, SD 57107
      View Details
    • Contact for pricing
      145,200 SF

      Available Warehouse Space For Lease

      Divisible warehouse space with trailer parking and build-to-suit options.
      5400 North Career Ave, Sioux Falls, SD 57107
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4700 Northview Ave
    Sioux Falls, SD 57107-0869
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4700 Northview Ave, Sioux Falls, SD, 57107
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!