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    FOR SALE
    Commercial real estate

    5020 S Broadband Ln, Sioux Falls, SD 57108

    1.78 ac lot
    Individually Owned 19-yr Hold Free & Clear
    Property ID
    US79-0245748
    Property summary
    AI-generated overview

    This exceptional office space, located at 5020 S Broadband Lane, Suite 2 in Sioux Falls, South Dakota, offers 3,875 square feet of versatile space. The property is categorized as both Traditional and Executive Office space, making it suitable for a variety of business needs. Currently, one suite is available within a multi-tenant building situated in the Interstate Crossing Business Development. This prime location provides unparalleled convenience, with easy access to 57th Street and major transportation arteries, Interstate 229 and Interstate 29. The address is within Lincoln County, and the zip code is 57108. Businesses seeking a professional environment surrounded by other established companies will find this location highly desirable. The building's strategic placement ensures excellent visibility and accessibility for clients and employees alike. This is an opportunity to secure a well-located, spacious office suite in a thriving business community. The property's size and location make it ideal for companies seeking to establish or expand their presence in Sioux Falls. Interested parties are encouraged to inquire for further details and availability.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.78 ac (77,624 SF)
    Zoning code MUNICIPALITY
    APN 280.58.02.002
    UPID US79-0245748
    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
    • US Agricultural Department Government
    • Sioux Falls Vet Center Community Center Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $515k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $515k
    Owner & transaction history
    Robert T Wuttke JR · 19 yrs held
    Robert T Wuttke JR
    since 2007
    1 recorded transaction
    2007
    Zoning & alternative use
    MUNICIPALITY · Sioux Falls, SD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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