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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Distribution centers
47187 Winter Pl Sioux Falls, SD 57107-6461
Entity Owned
Absentee Owner
Free & Clear
Property ID
US79-0084707
Property summary
AI-generated overview
This exceptional Class A warehouse, located at 47187 Winter Place in Sioux Falls, South Dakota, offers 22,145 square feet of single-tenant space, ready for immediate occupancy. Situated on a generous 1.85-acre lot, the property boasts a 20-foot ceiling height, ideal for various industrial uses. Built in 1999, this well-maintained building is in excellent condition and features one dock-high door for efficient loading and unloading. The property's location in Minnehaha County, with a zip code of 57107, provides easy access to major transportation routes, making it a strategic location for businesses needing convenient logistics. The entire 22,145 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. This property is classified as an industrial warehouse and represents a significant opportunity for businesses seeking a modern, efficient, and spacious facility in a prime Sioux Falls location. The property's size and features make it suitable for a wide range of industrial operations. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1999
Construction
STEEL FRAME
Total area
20,000 SF
Lot
1 ac (43,560 SF)
Zoning code
C;COMMERCIAL
APN
58467
UPID
US79-0084707
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Würth Industrial US Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$578k
Blend (final)
Blend
$615k
Owner & transaction history
HAUG DEVELOPMENT LLLP
HAUG DEVELOPMENT LLLP
Zoning & alternative use
C;COMMERCIAL · Sioux Falls, SD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sioux Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sioux Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$31 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,209
Tax year 2022
Assessed value
$637,600
Assessed 2022
Previous assessed
$643,800
-1.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$40,000
Assessed improvement
$597,600
Applied tax rate
24,496.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
20,000 SF
Lot
1 ac (43,560 SF)
Zoning code
C;COMMERCIAL
APN
58467
UPID
US79-0084707
Jurisdiction
MINNEHAHA
Zoning & alternative use
C;COMMERCIAL · Sioux Falls, SD
Zoning C;COMMERCIAL · permitted uses
C;COMMERCIAL · Sioux Falls, SD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sioux Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
HAUG DEVELOPMENT LLLP
Individual
Free & Clear · 0 yrs held
Mailing address
47084 257TH ST, CROOKS, SD 57020-6442
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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