Nelson Commercial Real Estate

What Nelson Commercial Real Estate does

Nelson Commercial Real Estate (NCRE) is a boutique commercial real estate brokerage founded in 2007 by Ron Nelson and headquartered in Sioux Falls, South Dakota. The firm provides commercial property sales, leasing, and tenant/buyer representation services across the Sioux Falls metropolitan area and surrounding South Dakota communities, including Mitchell, Watertown, Brookings, and Pierre. NCRE serves property owners, buyers, tenants, and investors across office, retail, industrial, and land property types. Its client base consists primarily of small and mid-market commercial real estate participants rather than institutional-grade accounts.

NCRE operates as a relationship-driven, transaction-based brokerage rather than a technology platform. The firm is staffed by a small team of approximately three core brokers, anchored by founder Ron Nelson, whose career track record includes over $250 million in transactions, more than 2 million square feet leased, and over 500 buyers served. Nicole Daggett transitioned from administrative support into a full-time broker role in 2019, representing internal team development. NCRE also maintains a co-listing arrangement with Janklow Eliason Real Estate in Mitchell, South Dakota, extending geographic reach through partnership rather than organic office build-out. The company's digital presence is supported by Complete Media, which functions as its marketing and website vendor; there is no proprietary technology platform or data product.

The business model is straightforward brokerage: NCRE earns commissions on closed sales and lease transactions, with revenue directly proportional to deal volume, deal size, and broader market activity in the Sioux Falls and South Dakota region. There is no disclosed recurring revenue, subscription, SaaS, or platform-based monetization. The firm competes on broker relationships, local market knowledge, and personalized service rather than proprietary technology, data assets, or scale. Competitive positioning is regional and locally contested, with no visible differentiators that extend beyond the immediate geographic footprint.

Name

Nelson Commercial Real Estate

Legal name

Nelson Commercial Real Estate

Website

https://ncommercial.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Nelson Commercial Real Estate is a boutique Sioux Falls, South Dakota-based commercial real estate brokerage founded in 2007, providing sales, leasing, and tenant/buyer representation across office, retail, industrial, and land properties in the Sioux Falls metro and surrounding South Dakota communities.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Tenant Representation & Corporate Services Brokerage (BPAJABAJ), Retail Brokerage (BPAJABAB), Investment Sales Brokerage (BPAJABAI)

Keywords

• Commercial real estate brokerage
• Property sales leasing
• Tenant representation services
• Landlord representation services
• Site selection advisory

Headquarters

HQ city

Sioux Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Commercial Real Estate Brokerage: Traditional commercial real estate brokerage services including buying, selling, and leasing of commercial properties. Revenue generated through commissions on completed transactions for both sales and lease deals.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Nelson Commercial Real Estate is a commercial real estate brokerage that represents buyers, sellers, tenants, and landlords in the acquisition, disposition, and leasing of commercial properties. The firm focuses on the Sioux Falls, South Dakota market and provides transactional brokerage services for office, retail, industrial, and investment properties.

Product overview

Nelson Commercial Real Estate operates as a commercial real estate brokerage offering two primary services: property sales and property leasing. The sales portfolio includes diverse commercial assets ranging from warehouse and industrial properties to retail spaces, development land, and historic buildings. The leasing portfolio features retail, office, and industrial spaces with various lease structures. The company specializes in the Sioux Falls metropolitan area and surrounding communities in South Dakota.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Property Sales Brokerage

Quantifiable outcome

• 2 Million+ sq-ft leased
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Janklow Eliason Real Estate (Mitchell, SD)minorChannel Partner/ Reseller/ DistributorCo-listed partnership on E Spruce St restaurant site in Mitchell, SD. Janklow Eliason Real Estate co-markets the property alongside Nelson Commercial Real Estate.

Scale indicators6 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• CBRE Group: Global commercial real estate services firm with a Minneapolis-area office that increasingly covers the Sioux Falls market on larger institutional transactions. Comparable in core brokerage, but operates at vastly larger scale with capital markets, research, and property management adjacencies.
• Colliers International: Global real estate services firm with regional offices in the Upper Midwest. Comparable in agency leasing and investment sales offerings, but operates at much larger scale and with broader research and capital markets support.
• Cushman & Wakefield: Global commercial real estate services firm with significant presence in the Midwest. Competes with Nelson for larger office, retail, and industrial assignments, and brings institutional-scale advisory capabilities.
• JLL (Jones Lang LaSalle): Global full-service commercial real estate firm with a strong Upper Midwest presence. Overlaps with Nelson on agency leasing and investment sales for larger institutional clients, though at a much larger scale and broader service portfolio.
• Marcus & Millichap: National investment sales brokerage specializing in commercial investment property transactions. Comparable to Nelson's investment sales practice, especially for multi-family, retail, and net-leased assets, but with a national buyer network and institutional scale.

Emerging players

• SVN Commercial Realty: Franchised commercial real estate brokerage network with affiliated offices across the Midwest. Comparable to Nelson as a mid-market brokerage competing on service and local relationships, but with a shared brand, technology platform, and broader referral network.

Direct peers

• Lloyd Companies: Sioux Falls-based commercial real estate firm with a broader platform spanning brokerage, development, property management, and investment. A head-to-head competitor for both listings and tenant representation in the same metro.
• NAI Sioux Falls: Local commercial real estate brokerage operating in the same Sioux Falls market with very similar service offerings across sales, leasing, and investment properties. Directly comparable as a competing independent regional player competing for the same mid-market clients.
• Bender Commercial Real Estate: Regional commercial brokerage in the Sioux Falls area — notably the firm where founder Ron Nelson previously led the commercial group before starting NCRE. Closely comparable in service mix and market focus.

Regional players

• Sperry Commercial Global Affiliates: Franchised commercial real estate brokerage with affiliates across the Midwest. Operates as a smaller-shop competitor or potential strategic affiliate for a firm like Nelson, with comparable mid-market commercial brokerage offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nelson-commercial-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nelson Commercial Real Estate