4811 4th Ave Sioux Falls, SD 57104-0405
This exceptional investment opportunity presents a 111,104-square-foot office building situated on a 9.65-acre lot in Sioux Falls, South Dakota. Located within the Sioux Empire Development Park 2 in northeast Sioux Falls, this single-story building, constructed in 1988 and 1999, boasts a spacious layout ideal for a variety of uses, particularly call centers or large office operations. The property features a large open workspace capable of accommodating approximately 800 workstations, complemented by 24 private offices, six training rooms, and four conference rooms. Additional amenities include a full kitchen and cafeteria, a mail center, and three dedicated data rooms. The building is equipped with a sprinkler system and a standing seam roof, ensuring both safety and longevity. The property is zoned I-1 Light Industrial and offers convenient access to major thoroughfares including 60th Street North, Minnesota Avenue, Cliff Avenue, and Interstate 90. The asking price is $7,999,000, translating to $72 per square foot. This presents a compelling opportunity for investors seeking a substantial, well-maintained property in a thriving South Dakota market. The building's size, amenities, and strategic location make it an attractive prospect for a wide range of businesses.
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;SPECIAL NOTE · Sioux Falls, SDSioux Falls. Always verify with local authorities before improvements.
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.