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Financial
Distress signals
Property profile

601 Watson Ave Sioux Falls, SD 57106

OFF-MARKET
Other warehouses
Property ID
US79-0075255
14,700 SF 0.97 ac lot Built 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This self-storage property consists of storage and shop units designed to accommodate a range of commercial and personal uses. The buildings include 16-foot sidewalls and 12-foot-wide overhead doors, with BIBs insulation, natural-light windows, floor drains, and shop heaters. Units also include functional support space such as an office with a PTAC unit and mezzanine storage. A large front drive and parking area provide vehicle access for loading and circulation. The property is located at 601 & 605 S Watson Ave in Sioux Falls, South Dakota.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value$935k
Assessed land$74k
Assessed improvement$861k
Effective rate1.90%

Value estimate

· Oct 2026
$1.56M
$1.40M – $1.72M
CAP approach$1.99M
Submarket $/SF estimate$951k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$34 – $114

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMINNEHAHA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.1
Parking Facility11.4
Clothing Store9.9

Location

601 Watson Ave Sioux Falls, SD 57106-1749
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
46619 Arabian, Sioux Falls, SD 57106 $242,000 Dec 2020 28,000 SF
3516 Gtwy, Sioux Falls, SD 57106-8316 $88,500 Jun 2020 884 SF
3512 Gtwy, Sioux Falls, SD 57106-8316 $144,000 Jun 2020 800 SF
1101 Lyons, Sioux Falls, SD 57106-3983 $555,500 Nov 2019 22,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,285,000
    15,300 SF
    5404 14th St
    DISTRIBUTION WAREHOUSE
    5404 14th St, Sioux Falls, SD 57106-0281
    View Details
  • Value Estimation
    $1,075,000
    12,080 SF
    4910 14th St
    WAREHOUSE, STORAGE
    4910 14th St, Sioux Falls, SD 57106
    View Details
  • Value Estimation
    $1,145,000
    18,000 SF
    5004 14th St
    MINI-WAREHOUSE, STORAGE
    5004 14th St, Sioux Falls, SD 57106
    View Details
  • Value Estimation
    $2,460,000
    18,801 SF
    2120 Mary Beth Ave
    MINI-WAREHOUSE, STORAGE
    2120 Mary Beth Ave, Sioux Falls, SD 57106
    View Details
  • Value Estimation
    $905,000
    10,000 SF
    26707 466th Ave
    WAREHOUSE, STORAGE
    26707 466th Ave, Sioux Falls, SD 57106-6908
    View Details
  • Value Estimation
    $565,000
    22,216 SF
    800 Marion Rd
    MANUFACTURING (LIGHT)
    800 Marion Rd, Sioux Falls, SD 57106-0237
    View Details

Similar in This City for Sale

  • Contact for pricing
    12,480 SF
    Flex Space with Overhead Doors
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  • New
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  • New
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  • New
    $1,300,000
    11,100 SF
    Industrial Flex Building with Cold Storage
    Versatile industrial facility with office suites, shop areas, truck wash bay, and refrigerated storage space.
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  • New
    $1,300,000
    11,100 SF
    Industrial Truck Terminal Facility
    Industrial truck terminal with four overhead doors, finished office, shop space, and a truck wash bay with 5,000-gallon hold tank.
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    View Details
  • New
    Contact for pricing
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    Two structures combine office, kitchenette, restroom, and heated garage functions for varied industrial operations.
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Similar in This City for Lease

  • New
    $7 SF/Yr
    12,819 sqft
    Northeast Sioux Falls Flexspace
    Flexspace for lease in northeast Sioux Falls with immediate availability.
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    View Details
  • New
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    20,000 sqft
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    Sprinklered warehouse space offers three-phase power and multiple access points for flexible operations.
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    View Details
  • Contact for pricing
    8,960 sqft
    Sioux Falls Flex Space Available
    Flex space near Kiwanis Avenue and 3rd Street for rent.
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    View Details
  • $8.50 SF/Yr
    7,650 sqft
    Flex Space with Yard
    Shop configuration accommodates equipment storage, trailer parking, and fleet operations.
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    View Details
  • Contact for pricing
    6,706 sqft
    Flex Office and Storage Suite
    Flex suite includes reception, multiple offices, conference space, and a large storage and packaging room.
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    View Details
  • $9,450/Mo
    6,640 sqft
    Distribution Center Property
    Industrial distribution facility located just east of Interstate 29 with access via the Russell Street interchange.
    3410 W. Eide Drive, Sioux Falls, SD 57107
    View Details
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