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- LoopNet Team
US Highway 61
Burlington, IA 52601
Burlington Crossing - 12.9 Acre Site · Land For Sale · 15.01 AC
INVESTMENT HIGHLIGHTS
- 12.9 Acre Site For Sale
- Corner Location at One of the Highest Traffic Intersections in Southeast Iowa
- Easy Access to Highway 34 & 61
- Located in an Opportunity Zone
- Direct Access to Market Street and Columbus Drive with Frontage Along US Hwy 61
- Detension Ponds Already In Place
PROPERTY FACTS
DESCRIPTION
Prime retail development opportunity and/or mixed use development located at the southeast corner of Agency & Roosevelt. The site is in an Opportunity Zone and there is up to $1 Million Iowa Work Force Tax Credit possibly transferable. TIFF Awarded for this development transfers to the new owner. It is zoned PUD and C-2. This is an excellent opportunity for department stores, national retailers, office, medical, and multi-family development. Busy corner location with one of the highest traffic counts in Southeastern Iowa. New businesses to the site are Ashley Home, Connection Bank, Pizza Ranch and Sonic. Nearby development includes the newly developed Dick's Sporting Goods, Staples, JoAnn Fabric, Pet Supply Plus, Starbucks, McAlisters Deli and more. Recent additions of the entertainment complex Fun City and Catfish Bend Casino north of the subject property.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,938,100 | |
| Land Assessment | $767,400 | Total Assessment | $5,705,500 |
PROPERTY TAXES
ZONING
| Zoning Code | PUD, C-2 |
| PUD, C-2 |
