Professional Building with Exam
2912 Hamilton Blvd 103, Sioux City, IA 51104
For Sale
Contact for pricing
Professional building featuring multiple exam rooms and office spaces.
Property Size1,994 SF
Lot Size1.73 Acres
Price / SF$0.01
Days on Market695
Property Features for 2912 Hamilton Blvd 103
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Keller Williams Siouxland
Listed By:
Tammy Bertrand
(712) 226-1900
Source:
Exitrealty
Added: Dec 20, 2024
Changed: Aug 9
Last Checked: Apr 5 at 10:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Siouxland
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professional building, located off Hamilton Boulevard, offers 1994 square feet of space. The layout includes a front desk reception area, a waiting area, six exam rooms equipped with sinks, two offices, two bathrooms, and a kitchen break room. The property provides ample parking and features flat, accessible entry to the building.
Key Highlights
- Prime location off busy Hamilton Blvd with ample parking and easy, flat access.
- Professional building suitable for medical or office use.
- 1,994 sq ft layout includes reception area, waiting room, 6 exam rooms with sinks.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,090
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,800
$201.8K
Cap Rate 7%
$144,143
$144.1K
Cap Rate 9%
$112,111
$112.1K
Market Conditions
NOI Build-Up for 1,994 SF
Gross rent
$18.4K $9.24/SF
− Vacancy
−$5.0K −$2.49/SF
EGI
$13.5K $6.75/SF
− OpEx
−$3.4K −$1.69/SF
NOI
$10.1K $5.06/SF
Area
Woodbury County, IA
Vacancy
26.98%
Lease Rate
$9.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,800
Cap Rate 7%
$144,143
Cap Rate 9%
$112,111
Alternative Uses
Best Use
Healthcare Medical
$197.4K
$172.7K – $230.3K
NOI $13,818 @ 7.0% cap
Second Best
Office B
$144.1K
$126.1K – $168.2K
NOI $10,090 @ 7.0% cap
Theoretical Best
Specialty Retail
$299.6K
$262.2K – $349.6K
NOI $20,974 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51104, IA
23,080
Population
9,119
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
7.5 sq mi
ZIP Area
3,077
Density / Sq Mi
$74,984
Median Household Income
$42,411
Median Earnings
$955
Median Rent
$193,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional building featuring multiple exam rooms and office spaces.
Where is this medical office space located?
The property is located at 2912 Hamilton Blvd 103 Sioux City, IA.
What are key features of this property?
This property features: Prime location off busy Hamilton Blvd with ample parking and easy, flat access.; Professional building suitable for medical or office use.; 1,994 sq ft layout includes reception area, waiting room, 6 exam rooms with sinks.
