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    OFF-MARKET Estimated value $535,000
    Day care centers

    700 Sycamore Ave, Sioux Falls, SD 57110-5740

    12,407 SF 2.01 ac lot Built 1996
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US79-0033377
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1996
    Construction FRAME
    Total area 12,407 SF
    Lot 2.01 ac (87,512 SF)
    Zoning code NO;SPECIAL NOTE
    APN 63940
    UPID US79-0033377
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Apple Tree Children's Center High School Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $435k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $632k
    Blend (final) Blend
    $535k
    Owner & transaction history
    Volunteers Of America Dakotas · 1 yrs held
    Volunteers Of America Dakotas
    since 2025
    1 recorded transaction
    2025
    $1.8M
    Zoning & alternative use
    NO;SPECIAL NOTE · Sioux Falls, SD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $835,000 +45.7%
    Medical building $780,000 +36.2%
    Warehouse, storage $595,000 +3.3%
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