3309 26Th StSioux Falls, SD 57103

Property Details for 3309 26Th St

Year built

1990

Construction

FRAME

Lot size

1.49 AC

Property size (Sq ft)

12,106 SF

Property type

Day care centers & nurseries

APN

63547

APU

63547

Description

This exceptional 12,106 square foot commercial property, located at 3309 E 26th St in Sioux Falls, South Dakota, presents a unique investment opportunity. Built in 1990, this two-story building sits on a 1.49-acre lot and is zoned O-Office, offering versatile usage potential. The property features a mix of open areas, multiple classrooms ideal for a daycare or similar use, a kitchen, restrooms, two private offices, and a three-car garage. A significant advantage is the large fenced playground area, perfectly complementing the daycare aspect. The building boasts a licensed enrollment capacity of 200 children. The parking ratio is generous, providing one space for approximately every 295 square feet. The asking price is $2,000,000, translating to $165.21 per square foot. Fixtures, furniture, and equipment (FF&E) are negotiable. This property's location near Washington High School and its adaptable layout make it suitable for a variety of uses, including church, non-profit, or daycare operations. The property's APN is 063547. While currently offered for sale, lease terms are also available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,827,617

  6.5%

  $1,687,031

  7%

  $1,566,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $710,574

  Geo Method

  $710,574

• Alternative Use

  Use

  Valuation

  Residential

  $2,140,070

  Hospitality

  $1,960,293

  Educational

  $1,630,940

  Medical

  $1,687,031

  Retail

  $2,537,018

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5288

Longitude

-96.6849

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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