3801 Western AveSioux Falls, SD 57105

Property Details for 3801 Western Ave

Year built

1984

Construction

STEEL FRAME

Lot size

0.76 AC

Property size (Sq ft)

11,700 SF

Property type

Office buildings

APN

55528

APU

55528

Description

This exceptional office building, situated at the highly visible corner of 46th Street and Western Avenue, offers two distinct suites ideal for businesses seeking convenient and accessible locations. The building enjoys excellent proximity to I-29, ensuring easy commutes for employees and clients. Suite 102, spanning 1,610 square feet, features a welcoming reception area, five private offices, a dedicated conference room, and a well-equipped breakroom complete with a kitchenette. This layout is perfect for a smaller team or a business requiring a blend of private and collaborative spaces. Suite 104, a larger space of 2,337 square feet, offers a similar reception area, three spacious offices boasting large windows for ample natural light, a convenient breakroom with a kitchenette, a dedicated conference room, and six individual workstations. This suite is well-suited for larger teams or businesses requiring more expansive work areas. Both suites are available for single-tenant occupancy, providing privacy and control over the entire space. The building's prime location and the well-designed layouts of these suites make them an attractive opportunity for businesses seeking a professional and functional workspace. Inquire today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,807,028

  6.5%

  $1,668,026

  7%

  $1,548,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $597,168

  Geo Method

  $597,168

• Alternative Use

  Use

  Valuation

  Residential

  $2,068,352

  Hospitality

  $1,894,600

  Educational

  $1,576,285

  Medical

  $1,630,495

  Retail

  $2,451,998

Location Insight

City

Sioux Falls

County

Minnehaha

State

South Dakota

Latitude

43.5103

Longitude

-96.7518

CBSA code

43620

CBSA name

SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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