700 Sycamore Ave, Sioux Falls, SD 57110-5740
This exceptional 12,407 square foot commercial property, situated on a 2.01-acre lot in Sioux Falls, South Dakota, presents a unique investment opportunity. Built in 1996, the single-story building is zoned O-Office and features a versatile layout suitable for a variety of uses, including office space, daycare, or a church/non-profit organization. The property boasts a spacious open area, multiple classrooms, a kitchen, restrooms, two private offices, and a three-car garage. A large fenced playground adds significant value, complementing the licensed enrollment capacity of 200 children. The convenient location at 700 N Sycamore Ave, near Washington High School, ensures high visibility and accessibility. The parking ratio is generous, providing one space for every 295 square feet. The asking price is $2,000,000, translating to $161.20 per square foot. Fixtures, furniture, and equipment (FF&E) are negotiable. While currently configured for daycare use, the adaptable floor plan allows for diverse occupancy. This property offers a compelling blend of functionality, location, and potential, making it an attractive investment prospect.
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Apple Tree Children's Center High School Daycare Center
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;SPECIAL NOTE · Sioux Falls, SDSioux Falls. Always verify with local authorities before improvements.
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.