Property profile

0 28Th St Sioux City, IA 51108

OFF-MARKET
Land
181.76 ac lot
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Property summary

AI-generated overview

This exceptional 181.76-acre commercial land parcel presents a unique investment opportunity in Sioux City, Iowa. Strategically located at the intersection of Highway 75 and 28th Street in Woodbury County, zip code 51108, this property boasts significant development potential. The land is comprised of approximately 169.76 acres of pasture land, ideal for various uses, and approximately 12 acres of usable frontage south of a pipeline easement. This frontage, with minimal site preparation, is perfectly suited for commercial development such as a truck stop or hotel, capitalizing on the significant lack of such amenities along a 15-mile stretch of US Highway 75. The pasture land features a natural creek that feeds four ponds, adding to the property's unique character and potential for landscaping or recreational features. The asking price for this expansive property is $1,125,638. This represents a compelling opportunity to acquire a large-scale commercial land holding in a high-traffic area with substantial growth potential. The property's location on a major highway provides excellent visibility and accessibility, making it an attractive site for a variety of commercial ventures. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development possibilities.

Property profile

Verified
Property type Land
Lot 181.76 ac (7,917,466 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28Th St Sioux City, IA 51108
Sioux City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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