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Property profile & analytics

5620 W 9Th St Sioux Falls, SD 57107

  • Warehouses
  • 4,630 SF
  • 2.21 lot acres
Value Estimations
$535,000
Cap Rate Potential
8.9%
Warehouses
Location Intelligence
Property ID
US79-0059098
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

  • Warehouses

Property Details for 5620 W 9Th St

Year built
1989
Construction
STEEL FRAME
Lot size
2.21 lot acres
Property size
4,630 SF
Zone code
C2;GENERAL COMMERCIAL
Property type
Warehouses
APN
58519
APU
58519

Description

This exceptional 40,000-square-foot industrial property in Sioux Falls, South Dakota, presents a compelling owner-occupant opportunity. Located at 5620 W 9th St, this multi-tenant building boasts a desirable flex/warehouse configuration, perfectly suited for a variety of uses. The property features 16,000 square feet of vacant space, alongside a long-term tenant, Ay Mcdonald Supply, leasing 24,000 square feet at an annual NNN rent of $85,680. The building itself includes two loading docks, two dock-high doors, and a large drive-in door in the rear, ensuring efficient loading and unloading. Inside, you'll find a well-appointed layout with two window offices, one non-window office, a kitchen/break room, a mezzanine storage area accessible by forklift, a reception/showroom area, and two bathrooms. The 16-foot ceiling height provides ample vertical space, complemented by newly installed sprinklers and recent building renovations. Heating is provided by two gas Reznor heaters. The property sits on a 2.21-acre lot and includes a new concrete storage yard on the east side. The building is zoned I-1 and was constructed in 1989. The asking price is $3,000,000, representing a price per square foot of $80. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a prime Sioux Falls location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $455,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $680,000
    6.5%
    $625,000
    7%
    $580,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $527,000
    Market price range: $159k - $528k
    AI Estimate
    $339,000
    Market price range: $133k - $339k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $365,000
    Current use
    OFFICE BUILDING
    $540,000
    Change: +47% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $435,000
    Change: +18% Conversion: Easy
    RETAIL STORES
    $420,000
    Change: +15% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Sioux Falls
County
Minnehaha
State
South Dakota
Longitude
-96.7961
Latitude
43.548
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
$23,786
$168,800
$1,034,400
$1,203,200
-
$0.00
$0.00
$0.00
More about this property
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