3511 57Th StSioux Falls, SD 57108

  • Other commercial real estate
  • 2,004 SF
For Lease
$17.50/SF/YR View listing

Property Details for 3511 57Th St

Year built
2004
Lot size
0.23 AC
Property size (Sq ft)
2,004 SF
Zone code
MUNICIPALITY
Property type
Other commercial real estate
APN
280.51.01.01AD
APU
280510101AD

Description

This exceptional 3,187 square foot retail strip center, built in 2005, is ideally situated at the highly visible intersection of 57th Street and Louise Avenue in Sioux Falls, South Dakota. The entire property, totaling 3,187 square feet, is currently vacant and presents a unique opportunity for a single tenant or multiple tenants to establish a strong presence in a thriving commercial area. The single-story building boasts a C-3 zoning classification, offering flexibility for a variety of retail uses. Its strategic location provides excellent access to major thoroughfares, including Interstates 29 and 229, ensuring high visibility and convenient access for customers. Furthermore, the property benefits from its proximity to significant retail destinations, including The Empire Mall and Empire Place, home to prominent anchors such as Dillard's, Dick's Sporting Goods, and Chick-fil-A, creating a synergistic environment and attracting substantial foot traffic. This presents a rare chance to secure a well-located, sizable retail space in a rapidly growing area of Sioux Falls, with the potential to capitalize on the existing high-traffic environment and strong regional draw. The property's address is 3511 W 57th St, Sioux Falls, SD 57108.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $354,274
    Hospitality
    $324,513
    Educational
    $269,991
    Medical
    $279,277
    Retail
    $419,986
3511 57Th St, Sioux Falls, South Dakota

Location Insight

City
Sioux Falls
County
Lincoln
State
South Dakota
Latitude
43.4999
Longitude
-96.7693
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,361
$435,240
$1,326,735
$1,761,975
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-
-
-

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