1308 S Cleveland St

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1308 S Cleveland St

Sioux City, IA 51106
Asking Price
$439K
Asset Type
Religious/Church Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose religious facility available for acquisition in Sioux City.
  • The interior provides 7,708 square feet of flexible building area.
  • Current asking price for the property is set at $439,000.
  • Situated in a regional hub within the Iowa market area.
  • The asset offers potential for institutional or professional redevelopment uses.

What's Special

This special-purpose religious facility is available for sale, offering a functional space well-suited for organizations, community groups, or entities seeking adaptive reuse potential. Located at 1308 S Cleveland St in Sioux City, Iowa, the property features a total of 7,708 square feet. Sioux City serves as a regional hub for the tri-state area, supported by a diverse economy spanning manufacturing, education, and healthcare sectors. The area provides access to major transportation corridors, ensuring connectivity for congregants or future users of the facility. The building layout allows for versatile configuration, accommodating assembly, administrative, or classroom needs for potential investors or owner-occupants looking to establish a presence within this established suburban market. The structural design provides a foundation for various institutional or professional applications that require substantial interior floor area within the 51106 zip code.

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NOI
$80,000
Cap Rate
18.22%
DSCR
3.07
Strong
Cash-on-Cash
40.95%
Monthly Payment
$2,171.932
Annual Cash Flow
$53,936.81

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