Large enough to close the deal, small enough to care. For 35 years, businesses, investors, and landlords across South Dakota have trusted Nelson Commercial with their most important transactions.
We negotiate on your side of the table — rents, concessions, and flexibility that protect the business you're building.
Position, market, and lease your building with a team that already knows who's expanding — and who's leaving.
Underwriting-first advisory for owner-users, 1031 buyers, and institutional investors across the Upper Midwest.
From site selection to entitlement to disposition — we help you see the deal others can't.
Our clients get institutional-grade underwriting, market data, and negotiation from a team that still returns calls the same day. That combination — depth plus care — is the reason more than half of our business comes from repeat clients and referrals.
Your interests, in writing, at every stage.
We've closed in every submarket in the MSA.
Real comps, real assumptions, real numbers.
70% of clients hire us more than once.
"Nelson Commercial Real Estate is your best source for commercial property in the Sioux Falls area. Originally, we were just driving around the area looking for vacant properties and contacted them about a property we found ourselves. We were assigned to one of their agents, Steve Herman. Steve took the time to ask a lot of questions about the type of business, building size and layout, and our working budget, etc. He was also willing to work weekends to accommodate our schedule. We eventually found the perfect spot for our business. I can wholeheartedly recommend this business for all of your commercial property needs."
"When I set out to open my business, I had no idea what I was doing and knew nothing about the commercial real estate industry! That's where Steve came in! He was so much help when it came to finding the right location for my business needs. He did everything from finding the location to submitting the LOI to closing on the lease! We couldn't have done it without him! Thanks so much Steve, for playing a huge role in opening up our business!"
"Ron and his team ran point on a complicated 1031 exchange and closed on our timeline without a single fire drill. Big-firm execution, small-firm attention."
An in-depth look at 3101 S Shirley Ave in Sioux Falls, SD — 4,161 SF of industrial space at $899,000. Location, features, pricing, and a full due-diligence checklist.
An in-depth look at 210 N Fairfax Ave in Sioux Falls, SD — 14,160 SF of warehouse space at $1,350,000. Location, features, pricing, and a full due-diligence checklist.
Sioux Falls commercial real estate in 2026: vacancy, rents, cap rates, and submarket data for industrial, office, retail, and land buyers and sellers.
Answer four quick questions and one of our brokers will reach out to discuss a valuation grounded in real Sioux Falls comps — not an automated estimate.
Current rent and cap-rate ranges plus how deal timing moves through the year — the same numbers our brokers quote on the phone.
Broker-tracked ranges for Sioux Falls commercial real estate, updated with each quarterly market report.
What a Sioux Falls commercial real estate timeline looks like month by month.
Inventory and buyer traffic both peak. Retail tenants target fall openings, so leases signed now hit holiday sales.
Planning a site walk, roof inspection, or drone shoot? Check conditions before you drive out — we schedule tours seven days a week.
Still have questions? We'd rather have a conversation.
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