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

37 Acres of Commercial Land Offered at £3,152,726 in Sioux City, IA 51105

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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	£3,152,726	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	£3,152,726
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	£3,152,726	Lot Size	37.00 AC
Price Per AC	£85,209

Price	£3,152,726
Price Per AC	£85,209
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.

zoning

Zoning Code	General Commercial
General Commercial

(712) 204-6261

Contact

Chris Bogenrief
NAI United

Listing ID: 31158287
Date on Market: 08/03/2024
Last Updated:
Address: Outer Dr N & U.S. 75 Business, Sioux City, IA 51105

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Outer Dr N & U.S. 75 Business, Sioux City, IA for sale Primary Photo- Image 1 of 2 — 1 Diamond Willow lines and acres 7.6.23 Becky

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