Agency St Burlington, IA 52601
- Retail properties
- 561,924 SF
- 12.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Agency St
- Lot size
- 12.90 lot acres
- Property size
- 561,924 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 12.9-acre commercial property in Burlington, Iowa, presents a significant development opportunity. Located at the high-traffic intersection of N Roosevelt Ave and E Agency St (APN 11-31-361-004), this site boasts 561,924 square feet and is zoned PUD & C-2, allowing for diverse uses including retail, multifamily, and office development. The property benefits from an existing Tax Increment Financing (TIF) award, which transfers to the new owner, along with the potential for a transferable Iowa Workforce tax credit of up to $1 million. Pre-existing infrastructure includes detention ponds and monument sign easements on both Roosevelt and Agency Avenues. Daily traffic counts exceed 22,200 vehicles on Roosevelt Avenue and 8,800 on Agency Street (2020 data). The location is further enhanced by its proximity to established businesses such as Ashley Furniture, Connection Bank, Sonic, and Pizza Ranch, as well as recently developed retailers including Dick's Sporting Goods, Staples, and Starbucks. This prime location offers easy access to Highways 34 and 61, making it an ideal site for big-box stores, national retailers, or mixed-use developments. The property's designation as an Opportunity Zone provides additional investment incentives. This is a rare opportunity to acquire a large, well-located parcel in a thriving area of Southeast Iowa. The asking price is $2,500,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Des Moines
- State
- Iowa
- Longitude
- -91.1414
- Latitude
- 40.8148
