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    2421 Pierce St Sioux City, IA 51104

    Sponsored
    For Lease
    $15 SF/Yr ($14,995 /Mo)

    11,996 SF, 3,438 SF Available

    Lot size:
    11,996 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B medical office building, totaling 11,996 square feet, presents a unique investment opportunity. Built in 1961 and situated on a 1.1-acre lot, the property boasts ample parking with 42 spaces. Currently, 3,438 square feet of space is available for lease, ideal for expansion or a new tenant. The building features multiple exam rooms equipped with plumbing, a sizable laboratory, administrative offices, and a convenient reception waiting area. The zoning is designated NC.5. The property's location offers significant advantages, being immediately adjacent to Octapharma Plasma, ensuring high visibility and convenient access for patients and staff. The building's multiple tenancy structure provides flexibility for various medical practices. The property's Asset Property Number (APN) is 894721104016. This well-maintained building offers a blend of established infrastructure and significant potential for growth within a thriving medical community. The available space is ready for immediate occupancy and customization to suit the needs of a variety of medical professionals. This is a rare opportunity to acquire a strategically located medical office building with significant upside potential.

    Property Features for 2421 Pierce St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,996 SF
    Class
    B
    Total Rate
    14995

    Building Details

    Year Built
    1961

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,438 SF
    Rate per SF
    $15

    HighLights

    • 11,996 SF medical office building on a 1.1‑acre lot.
    • 3,438 SF of vacant space available for lease.
    • Multiple tenant occupancy.
    • Class B building constructed in 1961.
    • 42 parking spaces.
    • NC.5 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hangar in SiouxCity Iowa Shopping Mall Magnolia Plastic Surgery ... Plastic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -96.4055829
    Latitude
    42.5158787

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    FAQs

    What type of property is this?
    Medical office - 11,996 SF, 3,438 SF Available
    Where is this medical office located?
    The property is located at 2421 Pierce St Sioux City, IA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 11,996 SF medical office building on a 1.1-acre lot.; 3,438 SF of vacant space available for lease.; Multiple tenant occupancy.
    Request Owner's contact information
    2421 Pierce St Sioux City, IA 51104
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    Realmo Value Estimation

    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.

    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.

    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
    2421 Pierce St Sioux City, IA 51104
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