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    OFF-MARKET
    Commercial real estate

    502 3rd St, Sioux City, IA 51103-4518

    0.82 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US25-0322005
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.82 ac (35,915 SF)
    APN 894729402032
    UPID US25-0322005
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    City Of Sioux City Iowa
    City Of Sioux City Iowa
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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