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    Park Ave Sioux City, IA 51104

    Sponsored
    For Sale
    $627,360

    Class A Office, 5,228 SF, $627,360

    Property size:
    5,228 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A executive office space, located at 700 4th, Park Ave, Sioux City, IA 51104, presents a unique investment opportunity. Boasting 5,228 square feet on a generous 2.6-acre lot, this single-unit property offers significant potential. Situated in the heart of Sioux City's vibrant entertainment district, and conveniently located just off I-29, this property enjoys unparalleled accessibility and visibility. The asking price is $627,360, translating to $120 per square foot. This represents a compelling value for a property of this caliber in a prime location. The building's executive office classification speaks to its high-quality construction and finishes, making it ideal for discerning businesses seeking a prestigious address. The ample lot size provides significant room for expansion or future development, adding further value to this already attractive investment. Its strategic location within the entertainment district ensures high foot traffic and excellent brand exposure. This property is ready for immediate occupancy and presents a rare opportunity to acquire a premier commercial space in a thriving urban core. The property is located in Woodbury County.

    Property Features for 0 Park Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,228 SF
    Class
    A
    Lot Size
    113,256 SF

    Building Details

    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.3933699
    Latitude
    42.521865

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 5,228 SF, $627,360
    Where is this office property / space located?
    The property is located at Park Ave Sioux City, IA.
    What is the asking price?
    The asking price for this property is $627,360.
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    Park Ave 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
    Park Ave Sioux City, IA 51104
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