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Property profile & analytics
OFF-MARKET
Office Spaces

2421 Pierce St Sioux City, IA 51104

11,996 SF Built 1961
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Year built 1961
Total area 11,996 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hangar in SiouxCity Iowa Shopping Center & Mall
  • Magnolia Plastic Surgery & Medspa - Dr. Heath Charvet Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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