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    712 Market St Sioux City, IA 51103

    For Lease
    $3 SF/Yr ($5,533 /Mo)

    Prime industrial warehouse, 4,194 SF available.

    Lot size:
    22,135 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A industrial property, located at 712-716 Market St in Sioux City, IA's Midtown submarket, offers 4,194 square feet of immediately available warehouse space. Situated on a 0.52-acre lot with 150 feet of frontage, this single-story, 22,135-square-foot building boasts convenient access to I-29 via Wesley Parkway (approximately 3 minutes away). Built in 1912, the property features a 10-foot ceiling height and includes two loading docks, one dock-high door (9' x 9'), and an additional garage door accessible from the alley. The current occupancy rate is 81%. A unique feature is the bonus second-floor space of 2,821 square feet, accessible via a pulley elevator. The property is zoned ML and has APN 894729281009 within Woodbury County. This is a fantastic opportunity for businesses seeking a well-located, functional warehouse space with significant upside potential through lease-up of the vacant area. The property's strong tenant base and excellent visibility from major thoroughfares make it an attractive investment.

    Property Features for 712 Market St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,135 SF
    Class
    A
    Total Rate
    5533.75

    Building Details

    Year Built
    1912
    Stories
    1

    Unit(s) available at that property

    Space
    712-716 Market St
    Size
    4,194 SF
    Rate per SF
    $3

    HighLights

    • 81% Occupancy Rate.
    • High‑demand Midtown Sioux City location with strong tenant base.
    • Excellent visibility and accessibility from major thoroughfares, including I‑29 access within 3 minutes.
    • Class A, 22,135 SF warehouse with modern amenities.
    • Significant upside potential through lease‑up of 4,194 SF vacant space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.41175301
    Latitude
    42.50074842

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    FAQs

    What type of property is this?
    Distribution property - Prime industrial warehouse, 4,194 SF available.
    Where is this distribution property located?
    The property is located at 712 Market St Sioux City, IA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 81% Occupancy Rate.; High-demand Midtown Sioux City location with strong tenant base.; Excellent visibility and accessibility from major thoroughfares, including I-29 access within 3 minutes.
    Request Owner's contact information
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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
    712 Market St Sioux City, IA 51103
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