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Outer Dr N & U.S. 75 Business - Northern Landing - NE

37 Acres of Commercial Land Offered at $5,711,412 CAD in Sioux City, IA 51105

Commercial Land Iowa Sioux City Outer Dr N & U.S. 75 Business, Sioux City, IA 51105

Executive Summary

Sioux City's next retail big box site seeking a developer. 20 to 37 acres, all within a federal Opportunity Zone. Perfect site to capture some of Walmart's market share with a 2nd Target, 5th Hy-Vee or Costco on the underserved northside!
The City has blessed the mixed-use concept plan for re-zoning of this site along with the adjacent 206 acres and will likely provide tax increment financing for infrastructure. Zoned General Commercial. Sioux City IA-NE-SD MSA population is 145,940, but retail trade market pulls from a 350,000 population.
Annual property taxes are approximately $1,466.

Property Facts

Price $5,711,412 CAD Property Subtype Commercial
Sale Type Investment Proposed Use Retail
No. Lots 1 Total Lot Size 37.00 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $5,711,412 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 37.00 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $5,711,412 CAD Lot Size 37.00 AC
Price Per AC $154,362 CAD
Price $5,711,412 CAD
Price Per AC $154,362 CAD
Lot Size 37.00 AC

On the NE corner of Outer Dr N and US Hwy 75 N Business.

Description

Sioux City's next retail big box site seeking a developer. Perfect site to capture some of Walmart's market share with a 2nd Target or new Costco on the underserved northside! Sioux City IA-NE-SD MSA population is 149,000, but retail trade market pulls from a 350,000 population. City has blessed the mixed-use concept plan for re-zoning. An active borrow has created a flat site ready for development. Can be purchased with an additional 405 acres for commercial, multifamily and residential developments at a steep discount. All 442 acres are located within a federal Opportunity Zone.

Links

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zoning

Zoning Code General Commercial
General Commercial
(712) 204-6261

  • Listing ID: 31158287

  • Date on Market: 2024-03-08

  • Last Updated:

  • Address: Outer Dr N & U.S. 75 Business, Sioux City, IA 51105

The Land Property at Outer Dr N & U.S. 75 Business, Sioux City, IA 51105 is currently available For Sale. Contact NAI United for more information.

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Outer Dr N & U.S. 75 Business - Northern Landing - NE
(712) 204-6261 x

Outer Dr N & U.S. 75 Business - Northern Landing - NE

Chris Bogenrief

(712) 204-6261

(712) 204-6261

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