611 Clf Ave Sioux Falls, SD 57104-5241
This exceptional retail property, located at 611 S Cliff Ave in Sioux Falls, South Dakota, presents a compelling investment opportunity. Boasting 2,688 square feet on a 17,354 square foot lot, this single-building property is priced at $505,000, or $187.87 per square foot. Constructed in 1995, the building is zoned C-2 Commercial, allowing for a variety of uses. The property enjoys a highly visible corner location at the intersection of 15th Street and Cliff Avenue, benefiting from significant daily traffic of 14,200 vehicles. Its proximity to Avera McKennan main campus ensures high foot traffic and excellent accessibility. Prominent signage opportunities along Cliff Avenue further enhance visibility and marketing potential. The sale includes a "No Further Action Letter" from the South Dakota Department of Environment and Natural Resources (DENR). Note that the seller will remove all personal assets, including store fixtures, equipment, cabinets, refrigeration units, and all signage (both interior and exterior). The property will be deed-restricted for convenience stores, gas stations, and laundromats, providing clear usage parameters for future owners. This is a rare opportunity to acquire a well-located, established retail space in a thriving South Dakota market.
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U.S. Bank ATM Atm
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bp Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.