201 5Th StDubuque, IA 52001

  • Commercial real estate
  • 12.50 AC
For Sale
$9,846,910 View listing

Property Details for 201 5Th St

Lot size
12.50 AC
Property type
Commercial real estate
APN
11-30-106-012
APU
1130106012

Description

This exceptional 12.66-acre mixed-use property, located at 201 E 5th St in Dubuque, Iowa, presents a unique redevelopment opportunity. The site, zoned PC Planned Commercial, offers 551,470 square feet of potential development space, currently vacant land. Its strategic location near Adams St and Ice Harbor Drive, east of the railroad tracks and north of 5th Street, provides excellent visibility and accessibility. The asking price is $9,846,910, translating to $17.86 per square foot. The property is being sold "as is, where is, with all faults," and potential buyers are responsible for all due diligence, including surveys, testing, and inspections. Prospective buyers should be prepared to submit a comprehensive proposal outlining their proposed use, redevelopment budget, team qualifications, and project history, including at least two references. The City of Dubuque will review proposals and make a recommendation to the City Council. This property is perfect for a variety of uses, including executive office space, restaurants, and shopping centers, as permitted by the PC Planned Commercial zoning. Further details on permitted uses can be found in the Zoning Ordinance. The irregular shape of the lot presents a unique challenge and opportunity for creative development. Interested parties should explore potential city incentives available through the City of Dubuque Economic Development Department.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $112,533,936
    Hospitality
    $103,080,480
    Educational
    $85,761,752
    Medical
    $88,711,224
    Retail
    $133,407,168

Location Insight

City
Dubuque
County
Dubuque
State
Iowa
Latitude
42.5002
Longitude
-90.6593
CBSA code
20220
CBSA name
DUBUQUE, IA 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
-
-
-
$3,900,000
-
-
-
$3,900,000

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