516 Garfield Ave, Sioux Falls, SD 57104
This exceptional 320-square-foot office suite, located at 516 N Garfield Ave, Suite 2, Sioux Falls, SD 57104, is perfect for a single tenant. Situated in a Light Industrial zoned area, this location offers a surprising blend of commercial, office, and residential neighbors, including Sioux Merchant Patrol, Casey's, Aire Serv, and Life Church. The suite is part of a larger 6,000-square-foot building with ample parking (12 spaces) in a low-traffic cul-de-sac setting. Enjoy a private window office, along with access to shared amenities such as a secured entry, waiting area, bathrooms, conference room, breakroom, and a fitness lounge. The monthly lease rate is $550, gross plus utilities. The property's APN is 01221825104000. Its convenient location provides easy access to major transportation routes, gas stations, and quick-serve restaurants, making it both functional and conveniently located. Modern amenities and professional finishes throughout.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.