4912 Technopolis DrSioux Falls, SD 57106

Property Details for 4912 Technopolis Dr

Year built

1999

Construction

FRAME

Lot size

0.62 AC

Property size (Sq ft)

5,023 SF

Property type

Office buildings

APN

85115

APU

85115

Description

This exceptional 5,023-square-foot office building in Sioux Falls, South Dakota, presents a compelling investment opportunity. Situated on a 0.62-acre lot at 4912 S Technopolis Dr, 57106, this property boasts a prime location near 57th Street and Louise Avenue, offering convenient access to I-229. Built in 1999, the building features a mix of creative, executive, and traditional office spaces. Suite 4912 is currently leased until October 2026. Suite 4916, encompassing 2,453 square feet, includes an open workspace, three private offices, and a secure storage area. Amenities include common area restrooms, a kitchen/break room, and ample parking with a ratio of 1:238. The property also benefits from monument signage availability. Recent upgrades include a new roof and HVAC system. This property is ideal for investors seeking a strong, established tenant base and a well-maintained building in a high-demand location. The asking price is $1,050,000. Detailed lease and financial information is available upon request. The property's APN is 85115.

• CAP approach

  CAP return

  Valuation

  6%

  $775,794

  6.5%

  $716,117

  7%

  $664,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,374

  Geo Method

  $256,374

• Alternative Use

  Use

  Valuation

  Residential Income

  $887,985

  Hospitality / Lodging

  $813,390

  Institutional / Educational

  $676,731

  Healthcare / Senior Housing

  $700,004

  Retail / Commercial

  $1,052,692

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5007

Longitude

-96.7737

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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