502 3rd St, Sioux City, IA 51103-4518
This exceptional 0.83-acre vacant commercial lot presents a remarkable investment opportunity in Sioux City, Iowa. Located at 502 W 3rd St, this property enjoys a highly desirable position just 2.5 blocks from the vibrant Hamilton Boulevard, a thoroughfare experiencing a substantial daily traffic volume of 37,600 vehicles. This high visibility ensures excellent exposure for any commercial venture. The expansive lot size offers ample space for a diverse range of commercial developments, providing flexibility for various business needs. Its strategic location near major roadways ensures convenient access for customers, employees, and suppliers. The asking price for this prime commercial land is $75,000. This presents a unique chance to acquire a well-situated property in a thriving area of Sioux City, within Woodbury County, and conveniently located using the 51103 zip code. The property's coordinates are 42.4972619 latitude and -96.4168922 longitude. This is an ideal opportunity for businesses seeking high visibility and convenient access in a bustling commercial area. Don't miss this chance to secure a valuable piece of Sioux City real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.