Property profile

516 Garfield Ave Sioux Falls, SD 57104

OFF-MARKET
Office Spaces
Property ID
US79-0050803
6,000 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 6,000 SF
UPID US79-0050803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Security Service

Location

516 Garfield Ave Sioux Falls, SD 57104
Sioux Falls metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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