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Caballo Industrial Investment 1409 N K Ave 15,760 SF Industrial Building Sioux Falls, SD 57104 $1,950,000 ($123.73/SF)
Investment Highlights
- Building 'A' offers a flex setting with 2 private offices, open work area, restrooms, and dedicated shop areas
- Active on-site rail spur with connectivity to the BNSF Railway network
- Available for immediate occupancy
- Building 'B' is a fully insulated open storage building with 1 OH door; Outdoor fenced yard space
- Offers immediate income with a portion of the land leased to a good credit tenant through 2027; which may be assumed by the buyer
- Nearby amenities include the Sioux Falls Regional Airport, Elmwood Golf Course, Crooked Pint Ale House, Casey's, Burger King, Great Shots, etc.
Executive Summary
Opportunity to purchase an industrial property within the Airport Industrial Park in central Sioux Falls, just north of Russell Street. Russell Street serves as a primary east-west transportation route supporting semi and distribution traffic, with direct access to Downtown Sioux Falls and FSD Regional Airport. The surrounding corridor is anchored by established users including Prairie Farms, Runnings Distribution, and the SD Air National Guard. The offering includes two industrial buildings with dedicated office space, and fenced outdoor yard space. The property offers immediate income with a portion of the land currently leased to a good credit tenant through 2027; which may be assumed by the buyer.
Property Facts
| Price | $1,950,000 | Lot Size | 4.04 AC |
| Price Per SF | $123.73 | Rentable Building Area | 15,760 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1969/2003 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-1 Light Industrial | ||
| Price | $1,950,000 |
| Price Per SF | $123.73 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.04 AC |
| Rentable Building Area | 15,760 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2003 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-1 Light Industrial |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Building 'A' offers a flex setting with 2 private offices, open work area, restrooms, and a dedicated shop area complete with floor drainage, a utility sink, exhaust fans, forced air/heat, and in-floor oil drain pits.
Building 'B' is a fully insulated open storage building with 1 OH door.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - A | 8,760 SF | Industrial | - | Now |
| 1st Fl - B | 7,000 SF | Industrial | - | Now |
1st Fl - A
| Size |
| 8,760 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Fl - B
| Size |
| 7,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - A
| Size | 8,760 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Building 'A' offers a flex setting with 2 private offices, open work area, restrooms, and a dedicated shop area complete with floor drainage, a utility sink, exhaust fans, forced air/heat, and in-floor oil drain pits.
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - B
| Size | 7,000 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Building 'B' is a fully insulated open storage building with 1 OH door.
1 1
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 24598 | Improvements Assessment | $630,900 |
| Land Assessment | $434,200 | Total Assessment | $1,065,100 |
Property Taxes
Parcel Number
24598
Land Assessment
$434,200
Improvements Assessment
$630,900
Total Assessment
$1,065,100
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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