- For Sale $5,300,000
- Property Type Other
- Property Size 38,166 SF
- Lot Size 1.4 Acre
- Year Built 1999
- Date Updated Sep 4, 2026
Description
Located in North Sioux City, just off Exit 2 from I-29.101 Sodrac Drive presents an opportunity for Hospitality/Full Service investors. This 38,166 SF commercial property, built in 1999 and zoned Commercial, has a 63.81% occupancy with 65 rooms. Offering a Cap Rate of 9.0% at a Price/SF of $138.87, its 2026 projected revenue of $1,750,000 underscores its potential. With financials available upon request and a nearly complete PIP, this property is a compelling investment option. Don't miss out on the chance to acquire a prime asset in the North Sioux City area.
Highlights
- # of Rooms: 65
- 2025 Real Estate Taxes: $22,401
- 2025 Revenue: $1,687,299
- 2026 Occupancy: 63.81%
- 2026 Projected Revenue: $1,750,000
- ADR - Jan-Aug 14, 2026: $111.70
- All tours must be scheduled through broker - no walk in’s.
- Cap Rate: 9.0%
- Financials available upon request with signed CA
- GRM - 3 Year Average: 2.92 Xs
- Lot Size: 1.40 AC (60,984 SF)
- Parking Lot: Paved - 67 spaces
- PIP - Nearly Complete
- Price per Room: $81,538
- Price/SF: $138.87
- REV PAR - Jan-Aug 14, 2026: $70.35
- Zoning: Commercial
False
Contacts
Dale Zomer
NAI Sioux Falls
Location
Contact Listing Broker
Dale Zomer
NAI Sioux Falls