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5208 Dakota Ave - Industrial land behind Circle S South station

31.74 - 40 Acre Industrial Land Lots Offered at £6,545,201 - £8,248,521 Per Lot in South Sioux City, NE 68776

Virtual Tour

Investment Highlights

  • Data center development ready. Unencumbered, industrial land. Affordable labor, I-129, nearby power, fiber, rail & the Missouri River.
  • Surrounded by industrial grade roads and utilities, including a 24-inch-diameter MidAmerican Energy natural gas pipeline to the property line.
  • 115kV transmission line surrounds property on 3 of 4 sides.
  • 7 million gallons per day of grey water used to cool Empirical Foods' equipment can be repurposed

Executive Summary

Prime industrial zoned improved land (currently farmed) which is data center development ready given an abundance of natural gas, high voltage electric transmission infrastructure, heated water, fresh water and wastewater treatment capacity.
Adjacent to parcels are a Nebraska Public Power District substation and a Northern Natural Gas interstate transmission station to which MidAmerican Energy delivers natural gas through a 24" pipeline.
South Sioux City is designating 600 acres of improved and unimproved land (south of Highway 20, east of Dakota Avenue and north of Dakota City) as the fifth of five inland port districts in Nebraska, eligible for infrastructure grants from the Nebraska's Department of Economic Development (DED). More information about the grants and the Site and Building Development Fund at https://opportunity.nebraska.gov/programs/business/municipal-inland-port-authority/.
The Siouxland tri-state area has benefited from more than $1 billion in actual and committed capital expenditures since 2015.
The seller is open to negotiating a success-based procurement fee for brokers bringing seriously interested buyers who actually transact.

Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per AC
Taxes £6,985 £47.34
Operating Expenses £4,657 £31.56

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual £6,985
Annual Per AC £47.34
Operating Expenses
Annual £4,657
Annual Per AC £31.56
Total Expenses
Annual £11,642
Annual Per AC £78.90

Property Facts

Price £6,545,201 - £30,428,795
Sale Type Owner User
Sale Conditions
1031 Exchange
  • Portfolio Sale
  • Development Sale
No. Lots 4
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Distribution
  • Hold For Investment
  • Industrial Park
  • Warehouse
Total Lot Size 147.56 AC

4 Lots Available

Lot 1

Price £6,545,201
Price Per AC £206,213
Lot Size 31.74 AC

Legal Description: South .418 acre of NW1/4 SE1/4 & SW1/4 S E1/4 Except tracts sold in SW corner of unplatted 33-29-9, Dakota County, Nebraska. 31.74 Acres more or less.

Lot 2

Price £8,248,521
Price Per AC £206,213
Lot Size 40.00 AC

Legal Description: SE1/4 SE1/4 33-29-9, Dakota County, Nebraska. 40 Acres.

Lot 3

Price £7,386,551
Price Per AC £206,213
Lot Size 35.82 AC

Legal Description: NW1/4 NE1/4 Except tract in NW corner & except Hwy R.O.W. 4-28-9. Dakota County, Nebraska. 35.82 Acres more or less.

Lot 4

Price £8,248,521
Price Per AC £206,213
Lot Size 40.00 AC

Legal Description: NE1/4 NE1/4 4-28-9, Dakota County, Nebraska. 40 acres.

Description

NOT THE TRUCK STOP. JUST THE 147.56 ACRES BEHIND THE TRUCK STOP. Farmed by same family since 1878 while neighboring properties have industrialized, largely in the meat processing and food processing industries. Neighbor to the southwest -- The world's largest beef processing plant, owned and operated by Tyson Foods in Dakota City, NE. Neighbor to the east -- South Sioux City's $45 million waste water treatment facility became operational in the Summer of 2023. A $25 million expansion is planned. Neighbors to the west -- Northern Natural Gas compressor station with 24-inch-diameter pipeline, Ferrellgas, Empirical Foods uses ~7 million gallons of groundwater per day for cooling which can be repurposed and Richardson Milling https://www.richardson.ca/our-business/richardson-milling/oat-flour-oat-bran/ Neighbor to the north -- $60 million WarHorse Casino, racecourse and luxury hotel is planned for completion in 2026 by HoChunk, Inc.

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Omaha
468,262
100
1 h 53 m
Kansas City
491,918
275
5 h 9 m
Milwaukee
592,025
473
9 h 16 m
Chicago
2,705,994
480
9 h 37 m
Oklahoma City
649,021
547
9 h 52 m
Denver
716,492
586
10 h 40 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
123,165
Total Labor Force
66,060
Unemployment Rate
2.90%
Median Household Income
$62,562
Warehouse Employees
16,243
High School Education Or Higher
87.20%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 220068070
  • 220204667
  • 220171378
  • 220069603
Land Assessment
£666,871 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£666,871 (2023)
Annual Taxes
£6,985
Tax Year
2022

zoning

Zoning Code M-2 (Industrial)
M-2 (Industrial)

Sale Advisor

Sale Advisor

(615) 479-5792
Contact
Greg Dyra, Family Member Representative
(615) 479-5792
Contact
Family has owned and operated the land, dutifully rotating between corn, soybeans, and alfalfa since 1878, while South Sioux City has surrounded the property with industrial-scale utilities of all types.
  • Listing ID: 25000722

  • Date on Market: 07/02/2022

  • Last Updated:

  • Address: 5208 Dakota Ave, South Sioux City, NE 68776

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