Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    4912 S Technopolis Dr Sioux Falls, SD 57106

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4912 S Technopolis Dr Sioux Falls, SD 57106

    View on Map
    • Office buildings
    • 5,023 SF
    • 0.62 lot acres
    For Sale
    $1,050,000
    View Listing →
    Sioux Falls Office Property For Sale
    $1,050,000
    5,023 SF

    Sioux Falls Office Property

    Office property for sale in Sioux Falls, South Dakota.

    4912 S Technopolis Dr, Sioux Falls, SD 57106
    View Listing
    Property ID
    US79-0053612
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Reynoza Realty Group - Berkshire Hathaway / Real Estate Agency
    • Julie Roth Real Estate LLC / Real Estate Agency
    • The Hayzlett Group / Consultant
    • Michele Latham Real Estate, LLC / Real Estate Agency
    • C-Suite TV / Marketing & Advertising / Advertising Agency

    Property Details for 4912 S Technopolis Dr

    Year built
    1999
    Construction
    FRAME
    Lot size
    0.62 lot acres
    Property size
    5,023 SF
    Property type
    Office buildings
    APN
    85115
    APU
    85115

    Description

    This exceptional 5,023-square-foot office building in Sioux Falls, South Dakota, presents a compelling investment opportunity. Situated on a 0.62-acre lot at 4912 S Technopolis Dr, 57106, this property boasts a prime location near 57th Street and Louise Avenue, offering convenient access to I-229. Built in 1999, the building features a mix of creative, executive, and traditional office spaces. Suite 4912 is currently leased until October 2026. Suite 4916, encompassing 2,453 square feet, includes an open workspace, three private offices, and a secure storage area. Amenities include common area restrooms, a kitchen/break room, and ample parking with a ratio of 1:238. The property also benefits from monument signage availability. Recent upgrades include a new roof and HVAC system. This property is ideal for investors seeking a strong, established tenant base and a well-maintained building in a high-demand location. The asking price is $1,050,000. Detailed lease and financial information is available upon request. The property's APN is 85115.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $650,000
      Market price range: $368k - $799k
      AI Estimate
      $470,000
      Market price range: $198k - $579k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $585,000
      Current use
      AUTO REPAIR, GARAGE
      $470,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7737
    Latitude
    43.5007
    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
    $12,470
    $210,100
    $442,300
    $652,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,545,000
      15,407 SF

      4300 Oxbow Ave

      OFFICE BUILDING • 15,407 SF
      4300 Oxbow Ave, Sioux Falls, SD 57106-4110
      View Details
    • Value Estimation
      $545,000
      3,656 SF

      4401 Racket Dr

      OFFICE BUILDING • 3,656 SF
      4401 Racket Dr, Sioux Falls, SD 57106-2271
      View Details
    • Value Estimation
      $690,000
      5,336 SF

      6100 41st St

      OFFICE BUILDING • 5,336 SF
      6100 41st St, Sioux Falls, SD 57106-5556
      View Details
    • Value Estimation
      $3,440,000
      31,722 SF

      4210 53rd St

      OFFICE BUILDING • 31,722 SF
      4210 53rd St, Sioux Falls, SD 57106
      View Details
    • Value Estimation
      $2,095,000
      5,774 SF

      4301 12th St

      OFFICE BUILDING • 5,774 SF
      4301 12th St, Sioux Falls, SD 57106-0303
      View Details
    • Value Estimation by Request
      1,400 SF

      5122 26th St

      OFFICE BUILDING • 1,400 SF
      5122 26th St, Sioux Falls, SD 57106-3520
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,476 SF

      Remodeled Two-Tenant Office Building

      Remodeled office building near 49th Street and Louise Avenue.
      4105 S Carnegie Pl, Sioux Falls, SD 57106
      View Details
    • Contact for pricing
      40,451 SF

      Sioux Falls Office Building

      40,451 SF office building on 2.33 acres for sale.
      4009 W 49Th St, Sioux Falls, SD 57106
      View Details
    • Contact for pricing
      12,908 SF

      Sioux Falls Office Building

      Two-story office building with included FF&E for sale.
      3900 W 53Rd St, Sioux Falls, SD 57106
      View Details
    • $915,000
      6,088 SF

      Sioux Falls Office Building

      Office building with owner occupant opportunity in Sioux Falls.
      5604 W 41St St, Sioux Falls, SD 57106
      View Details
    • Contact for pricing
      5,023 SF

      Sioux Falls Office Property

      Office property for sale in Sioux Falls, South Dakota.
      4912 S Technopolis Dr, Sioux Falls, SD 57106
      View Details
    • Contact for pricing
      40,451 SF

      Sioux Falls Office Space Available

      Office space featuring open layout, private offices, and conference room.
      4009 W 49Th St, Sioux Falls, SD 57106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Building Near I-29

      Office suites available for lease near I-29.
      4700 W 26Th St, Sioux Falls, SD 57106
      View Details
    • Contact for pricing

      Office Space Near Empire Mall

      Office space for rent near the Empire Mall.
      3600 S Westport Ave, Sioux Falls, SD 57106
      View Details
    • Contact for pricing

      6701 W 41st St, Sioux Falls, SD 57106

      Retail space
      6701 W 41St St, Sioux Falls, SD 57106
      View Details
    • $10 SF/Yr

      Office Space with Direct Access

      Office suites available with parking and signage opportunities.
      4205 W 53Rd St, Sioux Falls, SD 57106
      View Details
    • Contact for pricing
      9,486 SF

      Sioux Falls Office Space Available

      Office space for rent with quick highway access.
      3900 W Technology Cir, Sioux Falls, SD 57106
      View Details
    • Contact for pricing

      West Sioux Falls Retail Development

      New retail development in West Sioux Falls, various sizes available.
      8000 W 41St St, Sioux Falls, SD 57106
      View Details
    View Listing
    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.
    4912 S Technopolis Dr
    Sioux Falls, SD 57106
    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

    4912 S Technopolis Dr, Sioux Falls, SD, 57106

    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!