Development site ideal for multi-family, residential, or storage. This site has been pre-approved for multi-family and single family residential. Visible from southbound I-29. Take advantage of South Dakota's Affordable Housing Tax Increment Financing to assist with infrastructure. Off-site retention area already developed for shared use. Site can be expanded east if needed. Ripe for 55+ community.
Situated in a quiet area directly west of Catholic Church with easy access to medical services, hotels, restaurants and a convenience store. One block from bike trail system being constructed next to church that connects to Adams Nature Area to north and Sioux City's Singing HIlls exit to south.
Just off I-29 Exit 1 directly west of Catholic Church on north end of medical park.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
