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Outer Dr Sioux City, IA 51104

Sponsored
For Sale
$4,029,300

Prime Sioux City location, 37 acres, Opportunity Zone.

Property size:
1,481,040 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 37-acre commercial land parcel, known as Northern Landing, presents a unique investment opportunity in Sioux City, Iowa. Located on Outer Dr N, zip code 51104, this property boasts a substantial 1,481,040 square feet and is ideally suited for a large-scale retail development. The asking price is $4,029,300, translating to $3 per square foot. The land value is also assessed at $3 per square foot. Situated within a federal Opportunity Zone, this site offers significant tax advantages. The property is zoned General Commercial and is primed to capture a substantial portion of the retail market, serving a population base exceeding 350,000 within the Sioux City IA-NE-SD MSA. The City of Sioux City has approved a mixed-use concept plan and is likely to provide tax increment financing for infrastructure improvements. Annual property taxes are approximately $1,466. This presents a compelling opportunity for developers seeking to establish a major retail presence in a rapidly growing market. The site's size and location make it perfect for a big-box retailer such as a second Target, a fifth Hy-Vee, or a Costco, capitalizing on the underserved northside market.

Property Features for 0 Outer Dr

General Information

Property type
Retail properties
Square Feet
1,481,040 SF
Lot Size
1,611,720 SF

HighLights

  • 37‑acre commercial land parcel in Sioux City, IA (zip code 51104), located on Outer Dr N.
  • 1,481,040 square feet of land, priced at $4,029,300 ($3/sq ft).
  • Located in a federal Opportunity Zone, offering significant tax advantages.
  • Zoned General Commercial, suitable for large‑scale retail development.
  • City‑approved mixed‑use concept plan and potential tax increment financing for infrastructure.
  • Annual property taxes are approximately $1,466.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Sioux City
County
Woodbury
State
Iowa
Longitude
-96.36157709
Latitude
42.52988621

FAQs

What type of property is this?
Retail property - Prime Sioux City location, 37 acres, Opportunity Zone.
Where is this retail property located?
The property is located at Outer Dr Sioux City, IA.
What is the asking price?
The asking price for this property is $4,029,300.
What are key features of this property?
This property features: 37-acre commercial land parcel in Sioux City, IA (zip code 51104), located on Outer Dr N.; 1,481,040 square feet of land, priced at $4,029,300 ($3/sq ft).; Located in a federal Opportunity Zone, offering significant tax advantages.
More about this property
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