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    1516 Geneva St Sioux City, IA 51103

    Sponsored
    For Sale
    $249,000

    Prime retail lot, excellent visibility, near Wendy's.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.11-acre commercial land parcel presents a remarkable opportunity for retail development in Sioux City, Iowa. Located at 1516 Geneva St, this property boasts a highly desirable location with exceptional visibility to Hamilton Boulevard, a major thoroughfare. The lot features a generous 222-foot frontage and a depth of 169 feet, providing ample space for a variety of commercial projects. Its corner location maximizes exposure and accessibility. The property is zoned NC4, allowing for a range of commercial uses. The asking price is $249,000. This site benefits from its proximity to an existing Wendy's restaurant, ensuring high traffic and visibility. Further enhancing its appeal, a Casey's General Store is under development directly across the street, promising increased traffic flow on 15th Street. The design allows for the building to be situated towards the west end of the lot, maintaining excellent visibility from Hamilton Boulevard even under canopies. The property's APN is 894720458024. This is a truly exceptional opportunity to establish a thriving business in a high-traffic area of Sioux City. Don't miss out on this prime retail development site.

    Property Features for 1516 Geneva St

    General Information

    Property type
    Land
    Lot Size
    48,352 SF

    HighLights

    • Single Lot Parcel
    • 222‑foot Frontage
    • 169‑foot Depth
    • Corner Lot
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.417249
    Latitude
    42.50621743

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    FAQs

    What type of property is this?
    Land - Prime retail lot, excellent visibility, near Wendy's.
    Where is this land located?
    The property is located at 1516 Geneva St Sioux City, IA.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Single Lot Parcel; 222-foot Frontage; 169-foot Depth
    Request Owner's contact information
    1516 Geneva St Sioux City, IA 51103
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    Sioux City, IA 51103
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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
    1516 Geneva St Sioux City, IA 51103
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