4904 Minnesota AveSioux Falls, SD 57108
- Other commercial real estate
- 5,092 SF
Property Details for 4904 Minnesota Ave
- Year built
- 1994
- Lot size
- 0.84 AC
- Property size (Sq ft)
- 5,092 SF
- Zone code
- MUNICIPALITY
- Property type
- Other commercial real estate
- APN
- 280.26.12.010A
- APU
- 2802612010A
Description
This three-story, 0.76-acre office building in Sioux Falls, South Dakota, is available for $2,200,000. Located at 4904 S Minnesota Ave, this 1994-built property offers 34 surface parking spaces and prominent monument signage on Minnesota Avenue. The building features flexible office space on all three levels, suitable for various medical or traditional office configurations. The lower level provides additional adaptable space. The property boasts a prime location, one mile from I-229, near the intersection of S Minnesota Avenue and 57th Street, surrounded by amenities such as Look's Marketplace, Prairie Green Golf Course, Yankton Trail Park, and The Bridges at 57th. The area enjoys a strong demographic profile and high average spending. Neighboring businesses include Dakota Dermatology, Hoy Law, Farm Bureau Financial Services, The First National Bank in Sioux Falls, and Bender Commercial. The property is zoned O - Office and is vacant, with an occupancy date of August 16, 2024. This is a triple net (NNN) lease opportunity. The building is also available for lease. The surrounding area has a median income of $133,211 within a one-mile radius. Abundant trees and lush foliage enhance the property's appeal.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $900,168
- Hospitality
- $824,549
- Educational
- $686,015
- Medical
- $709,609
- Retail
- $1,067,135
Location Insight
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Latitude
- 43.4987
- Longitude
- -96.7292
- CBSA code
- 43620
- CBSA name
- SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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