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    Property profile & analytics

    5304 E Arrowhead Pkwy Sioux Falls, SD 57110

    • Commercial land
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US79-0049125
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for 5304 E Arrowhead Pkwy

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Overview Arrowhead Parkway and Foss Ave frontage land ready for development near the rapidly expanding eastside of Sioux Falls All parcels have access to the controlled intersection at Foss Avenue & Arrowhead Parkway, as well as directly onto Arrowhead Parkway via a mutual access easement 20,000+ vehicles per day along Arrowhead Parkway and less than 1 mile away from the recently expanded Veterans Parkway as well as Dawley Farms Village Parcel is located directly next to a Chipotle Mexican Grill and near a Walmart, Aldi, and many other nationally and locally recognized establishments

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.6605834
    Latitude
    43.544406

    Comparable in this City

    • Contact for pricing

      Sioux Falls Commercial Land Available

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      Land with excellent exposure on the rapidly growing east side.
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      Commercial Land on Sycamore Avenue

      Commercial land for sale in a developing Sioux Falls area.
      4800 S Sycamore Ave, Sioux Falls, SD 57110
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      Highway 100 Land Opportunity

      Land available in high-traffic area near retail and park.
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      Commercial Lots in Growing Area

      Commercial lots available in a growing Sioux Falls development.
      503 S Six Mile Rd, Sioux Falls, SD 57110
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      Sioux Falls Commercial Land Available

      12.22 acres of commercial land in Sioux Falls, SD.
      57Th St, Sioux Falls, SD 57110
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    Similar Nearby for Sale

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      Sioux Falls Commercial Land Available

      Prime commercial land on east-side Sioux Falls with Veterans Parkway.
      6010 E 41St St, Sioux Falls, SD 57110
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      Commercial Lots in Growing Area

      Commercial lots available in a growing Sioux Falls development.
      503 S Six Mile Rd, Sioux Falls, SD 57110
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      Sioux Falls Commercial Land Available

      12.22 acres of commercial land in Sioux Falls, SD.
      57Th St, Sioux Falls, SD 57110
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      C2 Zoned Land For Sale

      Commercial land for sale in a dominant shopping destination.
      5800 E 26Th St, Sioux Falls, SD 57110
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      Office Land in Growing Development

      1.44 acres of office land for sale.
      101 S Golden Willow Ave, Sioux Falls, SD 57110
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    • $1,098,592

      Highway 100 Land Opportunity

      1.15 acre commercial land in Dawley Farm Village.
      800 S Highline Pl, Sioux Falls, SD 57110
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    Similar Nearby for Lease

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      Retail Space For Lease

      Retail spaces available for lease.
      620 Highline Pl, Sioux Falls, SD 57110
      View Details
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      2,405 SF

      Retail Space in Sioux Falls

      Retail space with high visibility near Walmart.
      5615-5623 E Arrowhead Pkwy, Sioux Falls, SD 57110
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      Retail Strip Center For Rent

      New retail strip center in southeast Sioux Falls.
      5020 S Highline Ave, Sioux Falls, SD 57110
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    • $26 SF/Yr

      Retail Space in Dawley Farms

      Retail spaces available in Sioux Falls' Dawley Farms development.
      620-622 S Highline Pl, Sioux Falls, SD 57110
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      1,535 SF

      Retail Space Near Dawley Farm

      Retail space with strong co-tenants and high visibility.
      5416 E Arrowhead Pkwy, Sioux Falls, SD 57110
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    • Contact for pricing

      Combined Shop Space For Lease

      2,560 sq ft shop space with office and restroom.
      1005 South Hillside Dr, Sioux Falls, SD 57110
      View Details
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    5304 E Arrowhead Pkwy
    Sioux Falls, SD 57110
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    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
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