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    Beau Braunger, Sioux City, IA

    License ID: S58804000
    United Commercial
    Association
    Northwest Iowa Regional Board Of Realtors

    Service Locations

    Contact details

    Phone:
    (712) 251-8276
    Office Address:
    302 Jones St Ste 100, Sioux City, IA, 51101

    Performance

    Listings
    12

    Listings

    For Sale (5)

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    • $650,000
      3,320 SF

      Professional Office Building Near I-29

      Professional office building with expansion potential near I-29.
      335 Wycoff Dr, North Sioux City, SD 57049
      View Details
    • $2,250,000
      6,336 SF

      Prime Medical Office Building in Sioux City

      6,336 SF Vacant Medical Office, $2.25M
      5865 Sunnybrook Dr, Sioux City, IA 51106
      View Details
    • Contact for pricing

      Development Site Near Floyd Boulevard

      Commercial land for development in a developing commercial area.
      3125 Floyd Blvd, Sioux City, IA 51108
      View Details
    • Contact for pricing
      13,850 SF

      Downtown Sioux City Investment Property

      Fully leased nightclub and bar in downtown Sioux City.
      416-20 Jackson St, Sioux City, IA 51101
      View Details
    • Contact for pricing
      6,016 SF

      Professional Office Building For Sale

      Office building with leased main floor and available basement.
      2020 Indian Hills Dr, Sioux City, IA 51104
      View Details

    For Lease (7)

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    • $13 SF/Yr
      1,983 SF

      Retail Space Near Interstate 29

      Highly visible retail space with high traffic and easy access.
      1240-48 River Dr, North Sioux City, SD 57049
      View Details
    • Contact for pricing

      Downtown Storefront Space Available

      Charming retail building with open floor plan and mezzanine.
      420 Pierce St, Sioux City, IA 51101
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office space featuring multiple exam rooms and a laboratory.
      2421 Pierce St, Sioux City, IA 51104
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Newly renovated office space for lease with open floor plan.
      2020 Indian Hills Dr, Sioux City, IA 51104
      View Details
    • Contact for pricing

      Highly Visible Strip Center Space

      Strip center space available for lease near I-29.
      1244-1248 River Dr, North Sioux City, SD 57049
      View Details
    • $9 SF/Yr
      17,290 SF

      Prime Cold Storage Facility in NW Iowa

      17,290 SF, Single Tenant, Excellent Location
      700 Prospect St, Le Mars, IA 51031
      View Details
    • Contact for pricing

      Medical Office Space Available

      Former dialysis center near Unity Point St. Lukes.
      5865 Sunnybrook Dr, Sioux City, IA 51106
      View Details

    Leases and Sales on Map

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    Beau Braunger, Sioux City, IA
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Beau Braunger, Sioux City, IA
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