Property profile

700 4Th St Sioux City, IA 51101

FOR LEASE
Commercial real estate
Property ID
US25-0296461
0.08 ac lot
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office condo, located in the vibrant heart of Sioux City's entertainment district, offers 1,000-3,253 square feet of flexible space within a larger 5,228 square foot building. Built in 1972 and extensively renovated in 2012 to meet federal standards, the space boasts abundant natural light and can be easily demised to suit various tenant needs. Lease rates are inclusive of all operating expenses, excluding in-unit janitorial services. The building benefits from a prime location, with convenient access to the Heritage Parking Ramp (via 4th floor and skywalk), and direct skywalk connections to the Sioux City Convention Center, Marriott Courtyard, Mercy One, Orpheum Theatre, Historic Pearl, Promenade 14 Cinema, and Marto Brewing. Significant private investment in surrounding properties ($46 million total) further underscores the area's revitalization and growth potential. The 2.6-acre lot provides ample space, and the building features 344 total parking spaces. The property is zoned Downtown Commercial (DC) and has APN 894728384320 in Woodbury County. This is a truly unique opportunity to establish a presence in a thriving, dynamic urban environment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.08 ac (3,375 SF)
APN 894728378002
UPID US25-0296461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Bank Credit Union
  • Veterinary Clinic
  • Real Estate Agency
  • Garden Center

Location

700 4Th St Sioux City, IA 51101
Sioux City metro Census 3600 SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2021
Last sale
$152,000
7 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
2021
$152,000
2020
Price N/A
2020
Price N/A
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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