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6810 S Lyncrest – Investment Property

6810 S Lyncrest Avenue, Unit 201, Sioux Falls SD 57108
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Owner Occupant/Investment - Office Condo

Condo Size
2,870 SF +/-
Sale Price
$492,000
Location Highlights
Lloyd Companies is excited to offer a valuable opportunity for an owner occupant or investor to acquire a prime office property located in south Sioux Falls, South Dakota. This property boasts an exceptional location and a range of attractive features that make it an excellent investment opportunity. This development is a sought-after location for businesses, in one of the fastest-growing areas of Sioux Falls. The area is known for its thriving business community and a strong economy, making it an ideal location for office users. This property is conveniently located near shopping, dining, and other amenities. It also offers easy access to both I-229 and future Veterans Parkway.
Description
  • Address: 6810 S Lyncrest Ave, Unit 201, Sioux Falls, SD 57108
  • Pricing: $492,000
  • Year Built: 2006
  • Total Condo Size: 2,870 SF +/-
  • Site Size: 0.22 Acres +/- (9,454 SF+/-)
  • Price / SF: $171.43
  • Proforma Cap Rate: 7.00%
  • Parking: 32 total spaces on site
  • Real Estate Taxes: $7,197.18 (2022 Taxes payable in 2023)
  • Zoning: Office
Usage
Raquel Blount, SIOR
Raquel Blount, SIOR
Vice President of Commercial Real Estate & Broker Associate | 605.728.9092
Jordan Rieffenberger, CCIM, SIOR
Jordan Rieffenberger, CCIM, SIOR
Director of Commercial Real Estate & Responsible Broker | 605.275.4258

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