6709 Minnesota AveSioux Falls, SD 57108

Property Details for 6709 Minnesota Ave

Lot size

0.02 AC

Zone code

MUNICIPALITY

Property type

Commercial real estate

APN

280.33.15.3205

APU

28033153205

Description

The IMA Building, located at 6709 S Minnesota Ave in Sioux Falls, South Dakota, offers exceptional medical and traditional office space. This 36,500 square foot multi-tenant building boasts three available suites ranging from 2,426 to 4,487 square feet, providing flexibility for various business needs. The building features beautifully finished common areas, including shared restrooms and a conference room, catering to the convenience of all tenants. Ample parking is available, exceeding the requirements for medical office use, ensuring convenient access for staff and clients. The property enjoys a prime location near the intersection of 69th Street and Minnesota Avenue in south Sioux Falls, providing excellent visibility and accessibility. With a daily traffic count of 21,600 vehicles on Minnesota Avenue, this location offers significant exposure for businesses. Easy access to major thoroughfares such as 69th Street, 85th Street, and the future South Veterans Parkway (SD 100) further enhances its strategic position. This Lincoln County property presents a unique opportunity for businesses seeking high-visibility, well-appointed office space in a thriving South Dakota market. The building's design and amenities are ideal for medical practices or other professional offices requiring ample parking and convenient access.

• CAP approach

  CAP return

  Valuation

  6%

  $178,364

  6.5%

  $164,644

  7%

  $152,884

• Comparable approach

  Method

  Valuation

  Relative Method

  $52,009.80

  Geo Method

  $52,009.80

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $342,626

  Retail / Commercial

  $172,079

  Mixed-Use / Specialty

  $168,615

  Hospitality / Lodging

  $119,996

  Office

  $164,644

  Institutional / Educational

  $174,273

  Residential Income

  $203,899

  Multifamily

  $260,350

  Automotive / Energy

  $149,377

  Parking / Income-Based Land

  $54,364.70

  Restaurant / Food Service

  $81,613.80

  Healthcare / Senior Housing

  $175,835

Location Insight

City

Sioux Falls

County

Lincoln

State

South Dakota

Latitude

43.4842

Longitude

-96.7288

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].