1700 Dakota Ave South Sioux City, NE 68776-2710
Property profile & analytics
1700 Dakota Ave South Sioux City, NE 68776-2710
- Retail space
- 7,056 SF
- 0.67 lot acres
Property ID
US57-0841410
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Advance Auto Parts / Auto Parts Store
- UPS Access Point location / Courier Service / Postal Service
Property Details for 1700 Dakota Ave
- Year built
- 2000
- Lot size
- 0.67 lot acres
- Property size
- 7,056 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 220027323
- APU
- 220027323
Description
This fee-simple retail investment opportunity presents a 7,000 square foot Advance Auto Parts in South Sioux City, Nebraska. The property, built in 2000, sits on a 0.67-acre lot with 38 parking spaces and boasts a prominent location at the signalized intersection of US Hwy 77 and Dakota Ave, experiencing over 52,500 vehicles daily. The current lease, a Net-Net (NN) agreement with a corporate guarantee, has approximately 4.1 years remaining, with a 5-year option to extend including a 22.68% rent increase at the start of the option period. This translates to a strong NOI of $69,504 and a 7.75% cap rate on the $897,000 asking price ($128.14/SF). The property benefits from excellent visibility and significant street frontage, complemented by a large sign. The surrounding area features strong demographics, with a 5-mile trade area population exceeding 102,600 and an average household income of $88,362. Nearby national retailers include Walmart, Hy-Vee, McDonald's, Taco Bell, and other auto parts stores, creating synergistic traffic. The property's permitted zoning is commercial, and the APN is 220027323. This low-management investment offers a secure, passive income stream with significant upside potential. The lease commencement date was August 10, 2012, and the lease expiration is December 31, 2028.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $830,000
- ML approach
- $990,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $757,000
Market price range: $273k - $757k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $900,000
- RESTAURANT
- $765,000
- AUTO REPAIR, GARAGE
- $685,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Sioux City
- County
- Dakota
- State
- Nebraska
- Longitude
- -96.4134
- Latitude
- 42.4734
- CBSA code
- 43580
- CBSA name
- SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,543
$73,080
$576,970
$650,050
-
$73,080
$576,970
$650,050
