Well-Maintained Commercial Building For
For Sale
Contact for pricing
700 Jackson St., Sioux City, IA 51105
Five-unit commercial building with quality tenants and modern finishes.
Property Size7,092 SF
Price / SF$109.28
Days on Market197
Property Features for 700 Jackson St.
General Information
Standard status
Active
Size
7,092 SF
Total Parking Spaces
24
Property subtype
Office, Special Purpose
Zoning
GC
Occupancy
80%
Investment Type
Stabilized
Building Details
Year Built
1977
Stories
1
Tenancy
Multi
Listing Agency:
Keller Williams Siouxland
Listed By:
Mark Hanson · License #IA S68441000
(712) 251-0684
Source:
Crexi
Added: Mar 27
Changed: Sep 8
Last Checked: Oct 7 at 9:48AM
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
Investment Insights
Based on property information with market context.
This well-maintained five-unit commercial building is suitable for investors seeking a steady cash flow or an owner-occupier looking to offset mortgage costs with rental income from the other four tenants. The property features convenient parking and a green space courtyard. Interior units offer high-quality finishes, modern fixtures, and tasteful color schemes, creating a comfortable and stylish working environment. Unit 700 was updated 4 years ago with a new HVAC unit, new roof and tiple pane Pella windows. Unit 702 has new lights, a new front window and new kitchen. Unit 704 was just updated with new paint, ceiling tiles and high-quality LED lights. Unit 706A was completely updated in 2024 with new paint, carpet, ceiling tiles, HVAC, high-quality LED lights, a new kitchenette and new restrooms. Unit 706B received a new HVAC and lights in 2024. The roof over 706 A&B is 3 years old. The property is located one block from MercyOne Siouxland Medical Center.
Key Highlights
- Steady cashflow from 5 well‑maintained units with quality tenants, ideal for investors.
- Potential for owner‑occupancy with rental income from other 4 units covering mortgage.
- Convenient parking directly by the doors for easy tenant and customer access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,888
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,760
$717.8K
Cap Rate 7%
$512,686
$512.7K
Cap Rate 9%
$398,756
$398.8K
Market Conditions
NOI Build-Up for 7,092 SF
Gross rent
$65.5K $9.24/SF
− Vacancy
−$17.7K −$2.49/SF
EGI
$47.9K $6.75/SF
− OpEx
−$12.0K −$1.69/SF
NOI
$35.9K $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%
$717,760
Cap Rate 7%
$512,686
Cap Rate 9%
$398,756
Alternative Uses
Best Use
Office B
$512.7K
$448.6K – $598.1K
NOI $35,888 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.07M
$932.5K – $1.24M
NOI $74,599 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,385
Businesses Nearby
Explore this area
Business Placement
Demographics for 51105, IA
10,565
Population
4,197
Households
2.5
Avg Household Size
31
Median Age
7%
College-Educated
64%
High-School Grad
6.0 sq mi
ZIP Area
1,761
Density / Sq Mi
$46,940
Median Household Income
$33,152
Median Earnings
$855
Median Rent
$84,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Five-unit commercial building with quality tenants and modern finishes.
Where is this office building located?
The property is located at 700 Jackson St. Sioux City, IA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Steady cashflow from 5 well‑maintained units with quality tenants, ideal for investors.; Potential for owner‑occupancy with rental income from other 4 units covering mortgage.; Convenient parking directly by the doors for easy tenant and customer access.
