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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5800 Gordon Dr Sioux City, IA 51106-2002

    • Drive through restaurants
    • 3,217 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0164659
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arby's / Fast Food Restaurant / American Restaurant

    Property Details for 5800 Gordon Dr

    Year built
    1999
    Lot size
    0.75 lot acres
    Property size
    3,217 SF
    Property type
    Drive through restaurants
    APN
    884705227002
    APU
    884705227002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $330,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $266,000
      Market price range: $80.9k - $290k
      AI Estimate
      $337,000
      Market price range: $134k - $361k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $200,000
      Current use
      AUTO REPAIR, GARAGE
      $270,000
      Change: +36% Conversion: Difficult
      WAREHOUSE, STORAGE
      $255,000
      Change: +29% Conversion: Difficult
      OFFICE BUILDING
      $210,000
      Change: +6% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.3337
    Latitude
    42.4751
    CBSA code
    43580
    CBSA name
    SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,080
    $298,100
    $518,200
    $816,300
    -
    $298,100
    $518,200
    $816,300

    Comparable in this City

    • Value Estimation
      $260,000
      1,188 SF

      2610 Gordon Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,188 SF
      2610 Gordon Dr, Sioux City, IA 51106-5728
      View Details
    • Value Estimation
      $370,000
      4,324 SF

      3327 Singing Hls Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,324 SF
      3327 Singing Hls Blvd, Sioux City, IA 51106-5163
      View Details
    • Value Estimation
      $330,000
      4,054 SF

      4440 Sergeant Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,054 SF
      4440 Sergeant Rd, Sioux City, IA 51106-4703
      View Details
    • Value Estimation
      $245,000
      1,852 SF

      3601 Gordon Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,852 SF
      3601 Gordon Dr, Sioux City, IA 51106-1342
      View Details
    • Value Estimation
      $295,000
      1,965 SF

      4735 Sergeant Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,965 SF
      4735 Sergeant Rd, Sioux City, IA 51106-4536
      View Details
    • Value Estimation
      $270,000
      4,496 SF

      4428 Sergeant Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,496 SF
      4428 Sergeant Rd, Sioux City, IA 51106-4703
      View Details

    Similar Nearby for Sale

    • $599,000
      2.33 Acres

      I-29 Retail Site: Prime Location

      High-traffic corner lot, ideal for restaurant or hotel.
      2600 Industrial Rd, Sioux City, IA 51106
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near Super Wal-Mart

      Retail space available adjacent to Super Wal-Mart and other retailers.
      3158 Singing Hills Blvd, Sioux City, IA 51106
      View Details
    • New
      Contact for pricing
      4.00 Acres

      Sioux City Retail Opportunity

      Regional shopping center space available with major upgrades planned.
      5001 Sergeant Rd, Sioux City, IA 51106
      View Details
    • $10,956,721
      52,061 SF

      Leased Retail Center Near Bypass

      100% leased retail center with corporate guarantees.
      5747 Sunnybrook Ct, Sioux City, IA 51106
      View Details
    • $2,000,000
      11,946 SF

      Sioux City Commercial Investment Opportunity

      Fully occupied two-tenant building on a major commercial thoroughfare.
      3301 Singing Hills Blvd, Sioux City, IA 51106
      View Details
    • Contact for pricing
      3.48 Acres

      Regional Shopping Center Opportunity

      Regional shopping center with high traffic and major retail neighbors.
      5001 Sergeant Rd, Sioux City, IA 51106
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      103,000 SF

      Southern Hills Drive Retail Center

      High-traffic retail spaces available now
      4501 Southern Hills Dr, Sioux City, IA 51106
      View Details
    • $16 SF/Yr
      39,098 SF

      Lakeport Commons Retail Space

      High-traffic retail center; spaces available.
      5001 Sergeant Rd, Sioux City, IA 51106
      View Details
    • $19 SF/Yr
      4,800 SF

      Lakeport Commons Retail Space

      Prime Sioux City retail space available.
      5001 Sergeant Rd, Sioux City, IA 51106
      View Details
    • $14 SF/Yr
      16,055 SF

      Prime Retail and Office Location

      Located in a busy retail corridor near major shopping complexes.
      3401 Singing Hills Blvd, Sioux City, IA 51106
      View Details
    • $20 SF/Yr
      13,700 SF

      Sunnybrook Drive Retail/Office Space

      Professional office or retail space in a busy strip center.
      5704 Sunnybrook Dr, Sioux City, IA 51106
      View Details
    • $10 SF/Yr
      5,603 SF

      Office Suite with Open Layout

      Office suite featuring open rooms, private office, and conference room.
      4700 Gordon Dr, Sioux City, IA 51106
      View Details
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    Sioux City, IA 51106-2002
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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