This Class A industrial property, located at 2101 Murray St in Sioux City, IA, offers a prime opportunity for businesses seeking versatile manufacturing or warehouse space. Built in 2016, the 71,240 square foot building sits on an 8.18-acre lot with 621 feet of frontage. Currently, 13,329 square feet of space is available for lease within this multi-tenant building. The available space includes 11,959 square feet of immaculate, food-grade freezer space with a 24-foot clear height, capable of storing up to 500 pallets stacked four high at -10 degrees Fahrenheit. Tenants have exclusive use of two dock-high doors or the option to utilize landlord-provided product handling services. An additional 2,987 square feet of refrigeration space (maintained at 34 degrees Fahrenheit) is available for lease adjacent to the freezer space, subject to landlord approval. The property features a total of 98 parking spaces and is zoned GI. The property's APN is 884824101015, and it is located in Woodbury County, Iowa, with a zip code of 51111. This exceptional property offers a unique combination of modern amenities and strategic location, making it an ideal choice for a variety of industrial businesses. The building includes one suite in total.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$595,915
6.5%
$550,075
7%
$510,784
Comparable approach
Method
Valuation
Relative Method
$337,630
Geo Method
$337,630
Alternative Use
Use
Valuation
Residential
$464,009
Hospitality
$425,030
Educational
$353,620
Medical
$365,781
Retail
$550,075
Location Insight
City
Sioux City
County
Woodbury
State
Iowa
Latitude
42.428
Longitude
-96.3851
CBSA code
43580
CBSA name
SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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