Property profile

600 Charlotte Ave Sioux Falls, SD 57103

OFF-MARKET
Auto shops
Property ID
US79-0036808
4,750 SF 0.26 ac lot Built 1977
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 604 S Charlotte Ave in Sioux Falls, South Dakota is a commercial facility with a total of 4,750 square feet, constructed in 1977, and zoned C-3. The layout includes a 3,500-square-foot climate-controlled shop/warehouse area and a 1,250-square-foot office/reception area, with restrooms located within both the shop and office portions. Utilities include single-phase power with a 400-amp service, and the warehouse features four 9' x 12' overhead doors, with the potential to add a fifth. The site provides on-site parking and outdoor storage, sits on a 0.5426-acre lot, and offers access to Arrowhead Parkway, Veteran's Parkway, and I-229. The building also includes the option to purchase lifts and fixtures that were previously maintained by the tenant, and it is configured to support leasing of the available space.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1977
Construction STEEL FRAME
Total area 4,750 SF
Lot 0.26 ac (11,522 SF)
APN 49011
UPID US79-0036808

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
  • Auto Repair Shop

Location

600 Charlotte Ave Sioux Falls, SD 57103-2614
Sioux Falls metro Census 407 SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2018
1 recorded transaction
2018
$540,000

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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