303 W 24TH ST Sioux City, IA 51104
COMMERCIAL - Sioux City, IA
- Added:
- May 26, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 11 at 12:06 am
Property Features for 303 W 24TH ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 19193-894720213005
- Lot size
- 0.61 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- EVANS LOTS 4 THRU 6; THE VAC N/S ALLEY (EX THE E 1/2 OF THE N/S ALLEY ABUTTING THE S 45 FT OF LOT 2 & ABUTTING LOT 3; AND THAT PT OF PERRY CREEK AS IT EXISTED AT THE TIME OF PLATTING OF EVANS ADDN WHICH LIES ADJ TO LOT 6 & S OF N LINE OF LOT 1 PROJECTED W
- Tax Annual Amount
- 17374
Building Details
- Year built
- 1982
Listing agent Nic Madsen (712) 540-6562
Listing office Gateway Real Estate Advisors 700 Nebraska St, Dakota Dunes, IA (712) 226-8000
Listing date May 26, 2026
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.
Investment Insights
Based on property information with market context.
Located at 303 W 24th St in Sioux City, the building sits in an established Hamilton Blvd commercial corridor. The listing notes strong visibility and convenient access to Sioux City’s primary north-south commercial spine, positioning the property for tenants and buyers seeking a corridor-based presence.
With General Commercial zoning, the building can fit a variety of service-oriented operations that need a dedicated, street-facing facility with on-site parking. Its freestanding nature and single-story configuration are practical for teams looking to consolidate operations in one location, whether as an office headquarters, a medical practice, or another professional service use consistent with the zoning and intended tenant profile.
Key Highlights
- Freestanding 7,377 SF single‑story office building in Sioux City’s Hamilton Blvd commercial corridor
- Built in 1982
- Zoned General Commercial, with a versatile footprint for office, medical, financial services, or owner‑user configurations
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.4k | $13.20 |
| − Vacancy | −$12.2k | −$1.65 |
| EGI | $85.2k | $11.55 |
| − OpEx | −$34.1k | −$4.62 |
| NOI | $51.1k | $6.93 |
