711 Gordon Dr Sioux City, IA 51101-1724
This exceptional 18,000 square foot commercial land parcel presents a remarkable opportunity for retail development in Sioux City, Iowa. Located at 711 Gordon Dr, this shovel-ready site boasts a highly visible location directly adjacent to the Hilton Doubletree Hotel and 1854 Grille, offering immediate access from the I-29 Virginia Street exit. The property benefits from six curb cuts (four on Gordon Dr. and two on Nebraska St.) providing excellent traffic flow and accessibility. Environmental site assessment is complete. The surrounding area is experiencing significant growth and redevelopment, with neighboring businesses including IHOP, Kum & Go, Avid Hotel, Arby's, Hardee's, Scooter's Coffee, Chili's, Perkins, and Famous Dave's. This prime location is poised for substantial future appreciation. The property is zoned GC and has an APN of 894733127003. Please note a deed restriction prohibits quick-service restaurants deriving over 20% of gross revenue from sub sandwich sales. The asking price for this exceptional opportunity is $575,000. This is an ideal location for a drive-through business, capitalizing on the high traffic volume generated by I-29's six lanes. The property's strategic positioning and the ongoing revitalization of the surrounding area make this a truly compelling investment.
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ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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