4016 Morningside AveSioux City, IA 51106

Property Details for 4016 Morningside Ave

Year built

1972

Lot size

0.18 AC

Property size (Sq ft)

4,000 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

884706235004

APU

884706235004

Description

This exceptional 4,000 square foot office building, located at 4016 Morningside Avenue in Sioux City, Iowa (zip code 51106), presents a unique investment opportunity. The property, identified by APN 884706235004, is currently configured as a dental clinic, showcasing a thoughtfully designed layout including a welcoming waiting room, several private offices ideal for consultations or examinations, a convenient break room for staff, and fully equipped operating stations. The building boasts recent renovations both inside and out, ensuring a modern and appealing aesthetic. Ample off-street parking is available at the rear of the building, providing convenient access for patients or clients. This single-tenant property offers flexibility for a variety of professional uses, making it suitable for medical practices, traditional office spaces, or other similar businesses. The entire 4,000 square foot building is available for sale, presenting a compelling opportunity for owner-occupancy or investment purposes. This prime location on Morningside Avenue offers excellent visibility and accessibility. The property is zoned for office and retail use. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $617,696

  6.5%

  $570,181

  7%

  $529,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $204,160

  Geo Method

  $204,160

• Alternative Use

  Use

  Valuation

  Residential

  $707,025

  Hospitality

  $647,631

  Educational

  $538,821

  Medical

  $557,352

  Retail

  $838,166

Location Insight

City

Sioux City

County

Woodbury

State

Iowa

Latitude

42.4703

Longitude

-96.3552

CBSA code

43580

CBSA name

SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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