401 Douglas StSioux City, IA 51101

Property Details for 401 Douglas St

Year built

1979

Lot size

1.37 AC

Property size (Sq ft)

174,775 SF

Property type

Office properties

Property subtype

Office buildings

APN

894728311003

APU

894728311003

Description

This exceptional 1,562-square-foot executive office suite is located within the prestigious 401 Douglas St building in Sioux City, Iowa. Situated on a 1.37-acre lot, this Class A building boasts 224,425 total square feet and underwent extensive renovations in 2019. The suite offers stunning Missouri River views and access to over 12,000 square feet of amenities, including a wellness center with showers and locker rooms, a full-service mail and document center, and high-level card access security. The building features redundant power systems with a 1,500 kW generator and uninterruptible power supply (UPS), ensuring business continuity. Tenants enjoy convenient access to an adjacent public parking ramp and benefit from a full-service lease encompassing taxes, building insurance, CAM charges, nightly janitorial services, and utilities. Eight meeting rooms are available, ranging in size from six to sixty-four people, catering to various needs. Heated sidewalks enhance winter accessibility. The building's 1979 construction and modern amenities create a highly desirable work environment. Inquire about available furniture options. The property is zoned DC and has an APN of 894728311003 within Woodbury County. This is a rare opportunity to secure prime office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $26,991,188

  6.5%

  $24,914,944

  7%

  $23,135,304

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,920,516

  Geo Method

  $8,920,516

• Alternative Use

  Use

  Valuation

  Residential

  $30,894,530

  Hospitality

  $28,299,222

  Educational

  $23,544,622

  Medical

  $24,354,356

  Retail

  $36,624,968

Location Insight

City

Sioux City

County

Woodbury

State

Iowa

Latitude

42.4945

Longitude

-96.4071

CBSA code

43580

CBSA name

SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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