Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    705 Douglas St Sioux City, IA 51101

    Sponsored
    For Sale
    Contact for pricing

    Commercial - Sioux City, IA

    Property size:
    16,000 SF
    Lot size:
    0.52 Acres
    Days on Market:
    371
    Last Refresh:
    Jan 26 at 6:06 am

    Property Features for 705 Douglas St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DC
    APN
    PARCEL 894728165006
    Size
    16,000 SF
    Lot size
    0.52 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Floors in Building
    6
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Brandi Jorgensen
    Brandi Jorgensen

    J & M Real Estate Group Inc. (605) 232-1819

    Listing agent Brandi Jorgensen (605) 232-1819

    Listing date Jan 21, 2025

    MLS# 820385 Listing URL

    Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Space in Sioux City

    The property features over 16,000 sq. ft of prime commercial space, situated in downtown Sioux City. The entrance vestibule showcases historic charm, with Terrazzo flooring and original period crown molding. Plans are in place for a coffee and wine bar. Commercial tenants will be located near the leasing and management office. The property is located in Woodbury County, Iowa, with a lot size of 0.52 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Siouxland Dental Health Dentist Vivian L. Miller, ... Counselor Martha M McMinn Bankruptcy Attorney Roehrich Douglas Attorney Siouxland Reporting Services Court Reporter

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.406844
    Latitude
    42.497734

    Nearby Similar for Sale

    • $450,000
      0.41 Acres

      Sioux City Commercial Property For Sale

      Well-located commercial property with proven rental income in Sioux City.
      4242 Gordon Dr, Sioux City, IA 51106
      View Details
    • $4,950,000
      44,256 SF

      Sioux City Townhome Portfolio

      Portfolio of 44 townhomes in Sioux City, Iowa for sale.
      1600 26Th St, Sioux City, IA 51104
      View Details
    • Contact for pricing
      8,939 SF

      Class A Office Space Available

      Turnkey Class A office space in Sioux City, Iowa.
      5500 Sergeant Rd, Sioux City, IA 51106
      View Details
    • $475,000
      2,744 SF

      Mixed-Use Property on Morningside Avenue

      Commercial and residential property with high visibility in Sioux City.
      1113 Morningside Ave, Sioux City, IA 51106
      View Details
    • $162,000
      1,887 SF

      Victorian-Style Duplex with Modern Updates

      Updated Sioux City duplex with flexible floor plans and original charm.
      1701 Ross St, Sioux City, IA 51103
      View Details
    • $350,000
      4,554 SF

      Historical Multi-Unit Investment Opportunity

      Four-unit property with recent updates, ideal for investors or homeowners.
      1601 Grandview Blvd, Sioux City, IA 51103
      View Details
    • Contact for pricing
      1.12 Acres

      Sioux City Warehouse/Retail/Office Space

      Versatile warehouse, light industrial, and retail/office space in Sioux City.
      811 Steuben St, Sioux City, IA 51101
      View Details
    • $315,000
      0.23 Acres

      Corner Lot Office Building

      Prime office building with modern updates and private parking.
      623 Jackson St, Sioux City, IA 51101
      View Details
    • Contact for pricing
      1.09 Acres

      Pioneer Bank Building Office Space

      Street-level office space in Sioux City's Pioneer Bank Building.
      701 Pierce St, Sioux City, IA 51101
      View Details
    • $1,100,000
      8,000 SF

      Sioux City Four-Plex Townhome

      Four-unit townhome in desirable Sioux City neighborhood, investment or owner-occupied.
      3755 Glen Oaks Blvd, Sioux City, IA 51104
      View Details
    • Contact for pricing
      78.00 Acres

      Downtown Sioux City Retail/Office Space

      Prime location near Historic 4th Street and riverfront redevelopment.
      1005 4Th Street Cir, Sioux City, IA 51101
      View Details
    • $2,750,000
      54,000 SF

      Historic Sioux City Commercial Building

      Eight-story commercial building in downtown Sioux City with retail and office.
      505 5Th St, Sioux City, IA 51101
      View Details

    FAQs

    What type of property is this?
    Retail space - Over 16,000 sq ft of prime commercial space available.
    Where is this retail space located?
    The property is located at 705 Douglas St Sioux City, IA.
    What are key features of this property?
    This property features: - Prime commercial space: Over 16,000 sq. ft. available.; - Highly desirable location: Situated in the heart of downtown Sioux City.; - Historic charm: Features Terrazzo flooring and original period crown molding.
    (605) 232-1819
    Request Owner's contact information
    705 Douglas St Sioux City, IA 51101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    705 Douglas St
    Sioux City, IA 51101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    705 Douglas St Sioux City, IA 51101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brandi Jorgensen
    Brandi Jorgensen
    (605) 232-1819
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.