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

    1110 Larsen Park Rd Sioux City, IA 51101

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land available near Sioux City Marina, Hilton, and Crave.

    We can help!

    Listing Contact
    Chris Bogenrief, Sior, Ccim, Mba
    Source: Naiglobal

    Listing Agent: Chris Bogenrief, Sior, Ccim, Mba

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land Near Sioux City Marina

    This commercial land is located just off the I-29 Hamilton Blvd exit next to the Sioux City Marina, Crave, and Hilton Garden Inn. The property is near the Lewis & Clark Interpretive Center, Chautauqua Park, and Adams Nature Area. A conceptual site plan for 30 units is included. Sub-lease the site from the owner for 39 years for an up front fee of $5 per square foot. Renew the lease for another 40 years if the owner renews, or negotiate a direct lease with the City. Everything is subject to City Council approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.422078
    Latitude
    42.49007

    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
    • New
      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
    • New
      $475,000
      2,744 SF

      Sioux City Mixed-Use Opportunity

      Commercial and residential property in high-traffic Morningside location.
      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
    • New
      $350,000
      4,554 SF

      Updated Multi-Unit with Historical Charm

      Four-unit property with recent updates, refinished floors, and efficient heating.
      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

      Sioux City Corner Lot Office

      Prime office building with remodeled upper floor and private parking.
      623 Jackson St, Sioux City, IA 51101
      View Details
    • Contact for pricing
      2,800 SF

      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

      Four-Plex Townhome in Sioux City

      Well-maintained four-unit townhome in a desirable Sioux City neighborhood.
      3755 Glen Oaks Blvd, Sioux City, IA 51104
      View Details
    • Contact for pricing
      78.00 Acres

      Downtown Sioux City Retail/Office Space

      Prime downtown location, ideal for retail or professional services.
      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 restaurant and retail.
      505 5Th St, Sioux City, IA 51101
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land available near Sioux City Marina, Hilton, and Crave.
    Where is this commercial land located?
    The property is located at 1110 Larsen Park Rd Sioux City, IA.
    What is the asking price?
    The asking price for this property is $5.
    What are key features of this property?
    This property features: - Located next to the Sioux City Marina, offering immediate access to boating and water activities.; - Walking distance to Crave restaurant, Hilton Garden Inn, and Kwikstar.; - Close to recreational areas such as Chautauqua Park and Adams Nature Area.
    (712) 204-6261
    Request Owner's contact information
    1110 Larsen Park Rd 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.
    1110 Larsen Park Rd
    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
    1110 Larsen Park Rd 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
    Chris Bogenrief, Sior, Ccim, Mba
    (712) 204-6261
    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.