2420 8thSioux Falls, SD 57104

  • Specialty properties
  • 8,094 SF
Off market
$518,969 Estimated

Property Details for 2420 8th

Year built
1982
Construction
FRAME
Lot size
0.94 AC
Property size (Sq ft)
8,094 SF
Zone code
FP;FP
Property type
Specialty properties
Property subtype
Day care centers & nurseries
APN
31008
APU
31008

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,221,964
    6.5%
    $1,127,967
    7%
    $1,047,398
  • Comparable approach

    Method
    Valuation
    Relative Method
    $475,085
    Geo Method
    $475,085
  • Alternative Use

    Use
    Valuation
    Residential
    $1,430,874
    Hospitality
    $1,310,673
    Educational
    $1,090,464
    Medical
    $1,127,967
    Retail
    $1,696,278
2420 8th, Sioux Falls, South Dakota

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.55
Longitude
-96.7582
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $359,500
  • Assessed land value
    $69,400
  • Assessed value
    $428,900
  • Tax year
    2022
  • Tax bill
    $8,393

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