Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6111-6115 Whispering Creek Dr Sioux City, IA 51106
    Back to Search
    Property profile & analytics

    6111-6115 Whispering Creek Dr, Sioux City, IA 51106

    View on Map
    • Office Spaces
    • 7,537 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 6111-6115 Whispering Creek Dr

    Year built
    2018
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional Class A medical office space, located at 6111-6115 Whispering Creek Drive in Sioux City, Iowa, presents a unique opportunity. The property, built in 2018, offers a total of 7,537 square feet across a single-story building situated on a 0.87-acre lot. Currently, 2,153 square feet of vacant space is available for lease within Suite B of 6115 Whispering Creek Drive, representing a significant portion of the building's total leasable area. The building features a total of 24 parking spaces, providing ample convenience for both staff and clients. The zoning is designated NC-5, and the property's APN is 884704376012. This space is perfect for medical professionals seeking a modern, efficient, and well-located office. The building boasts a contemporary design and a tranquil setting within the Whispering Creek development. The landlord is offering a tenant improvement allowance (TIA) of $26.00 per square foot for build-out from a gray shell condition. This allows for complete customization to suit the tenant's specific needs and preferences. The property's location in Sioux City, Woodbury County, Iowa (zip code 51106) offers excellent accessibility and visibility. This is a rare opportunity to secure a high-quality, newly constructed medical office space in a desirable location. The available space is contiguous and ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.3242
    Latitude
    42.4595

    Comparable in this City

    • Value Estimation by Request
      6,336 SF

      5865 Sunnybrook Dr

      Medical Office Space
      5865 Sunnybrook Dr, Sioux City, IA 51106
      View Details
    • Value Estimation by Request
      6,336 SF

      5865 Sunnybrook Dr

      Medical Office Space
      5865 Sunnybrook Dr, Sioux City, IA 51106
      View Details
    • Value Estimation by Request
      26,037 SF

      2534 Glenn Ave

      Medical Office Space
      2534 Glenn Ave, Sioux City, IA 51106
      View Details
    • Value Estimation by Request
      3,853 SF

      2802 Castles Gate Dr

      MEDICAL BUILDING
      2802 Castles Gate Dr, Sioux City, IA 51106-7230
      View Details
    • Value Estimation
      $1,400,000
      15,026 SF

      5550 Sergeant Rd

      MEDICAL BUILDING
      5550 Sergeant Rd, Sioux City, IA 51106-4716
      View Details
    • Value Estimation
      $700,000
      10,965 SF

      5845 Sunnybrook Dr, Unit 55

      MEDICAL BUILDING
      5845 Sunnybrook Dr, Sioux City, IA 51106-4203
      View Details

    Similar Nearby for Sale

    • $2,250,000
      6,336 SF

      Prime Medical Office Building in Sioux City

      6,336 SF Vacant Medical Office, $2.25M
      5865 Sunnybrook Dr, Sioux City, IA 51106
      View Details
    • Contact for pricing
      0.87 Acres

      Move-In Ready Professional Office Suite

      Well-appointed office suite with reception, three private offices, and kitchen, plus ample parking near the entrance.
      6113 Whispering Creek Dr, Sioux City, IA 51106
      View Details
    • Contact for pricing
      0.19 Acres

      Office Spaces in Sioux City

      Office spaces available for sale in Sioux City, Iowa.
      2002 St S, Sioux City, IA 51106
      View Details
    • Contact for pricing
      8,939 SF

      Class A Office Space

      Turnkey, fully furnished office space in Sioux City, Iowa.
      5500 Sergeant Rd, Sioux City, IA 51106
      View Details
    • Contact for pricing
      0.19 Acres

      Expandable Office Suites

      Flexible office layout with adjacent unit flexibility, plus landlord-paid water and tenant-paid gas and electric utilities.
      2002 St S, Sioux City, IA 51106
      View Details
    • $397,500
      0.41 Acres

      Commercial Property in Sioux City, IA

      Well-located commercial property with proven rental income and future potential.
      4242 Gordon Dr, Sioux City, IA 51106
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      83,200 SF

      Class A Two-Story Medical Office

      New construction medical/office suites offer flexible buildout options in a Class A two-story setting.
      5500 Sergeant Rd, Sioux City, IA 51106
      View Details
    • $10 SF/Yr

      Sioux City Office Suite For Rent

      Office suite with open rooms, private office, restroom, conference room.
      4700 Gordon Dr, Sioux City, IA 51106
      View Details
    • $28 SF/Yr

      Medical Office Space For Rent

      Former dialysis center near Unity Point St. Lukes.
      5865 Sunnybrook Dr, Sioux City, IA 51106
      View Details
    • Contact for pricing

      Medical Office Space Available

      Former dialysis center near Unity Point St. Lukes.
      5865 Sunnybrook Dr, Sioux City, IA 51106
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space for rent at 2000 South Saint Aubin Street.
      2000 South Saint Aubin St, Sioux City, IA 51106
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space for rent at 2004 South Saint Aubin Street.
      2004 South Saint Aubin St, Sioux City, IA 51106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6111-6115 Whispering Creek Dr
    Sioux City, IA 51106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6111-6115 Whispering Creek Dr, Sioux City, IA, 51106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!