6701 41St StSioux Falls, SD 57106

Property Details for 6701 41St St

Year built

1999

Construction

FRAME

Lot size

1.45 AC

Property size (Sq ft)

10,655 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

62493

APU

62493

Description

This exceptional commercial property, Sertoma Plaza, offers a 3,579 square foot vacant space ideal for a variety of office uses. Located at 6701 W 41st St, Sioux Falls, SD 57106, in Minnehaha County, this multi-tenant building boasts a highly desirable location with excellent visibility. The property features ample on-site parking, ensuring convenient access for employees and clients. Benefit from a strategic position along 41st Street, experiencing a substantial daily traffic count of 17,200 vehicles, guaranteeing high exposure for your business. This presents a unique opportunity to establish a strong presence in a thriving commercial area. The surrounding area is home to a diverse range of established businesses, including Get N' Go, Taco John's, Walgreens, First Premier Bank, Ace Hardware, Dollar General, Great Life, Year Round Brown, Gilberto's Mexican, Flyboy Donuts, and Roosevelt High School, creating a vibrant and convenient environment. One available space totals 2,340 square feet. The property is classified as Retail and Office, with a Traditional Office subtype. This is a multi-tenant building. Serious inquiries are encouraged to explore this outstanding opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,419,129

  6.5%

  $2,233,042

  7%

  $2,073,539

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,370,455

  Geo Method

  $1,370,455

• Alternative Use

  Use

  Valuation

  Residential

  $1,883,655

  Hospitality

  $1,725,418

  Educational

  $1,435,527

  Medical

  $1,484,897

  Retail

  $2,233,042

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5143

Longitude

-96.8093

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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