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Outer Dr N & U.S. 75 Business - Northern Landing - NE 37 Acres of Commercial Land Offered at $5,570,507 CAD in Sioux City, IA 51105
EXECUTIVE SUMMARY
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 | $5,570,507 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
|
| Zoning | General Commercial - General Commercial District | ||
| Price | $5,570,507 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 |
| Zoning | General Commercial - General Commercial District |
1 LOT AVAILABLE
Lot
| Price | $5,570,507 CAD | Lot Size | 37.00 AC |
| Price Per AC | $150,554.26 CAD |
| Price | $5,570,507 CAD |
| Price Per AC | $150,554.26 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.
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Outer Dr N & U.S. 75 Business - Northern Landing - NE
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