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North Sioux City offers a variety of real estate options including several retail and business parks. These parks have been developed to meet the evergrowing demand for building sites in our community. This growth can be attributed to outstanding entrepreneurship and South Dakota's excellent pro-business tax and regulatory structures.
The total North Sioux City commercial mill levy, taxable 2007, payable in 2008, is $23.81 per $1,000 valuation. In addition, North Sioux City offers a five-year property tax abatement for new commercial and industrial buildings. The abatement provides a graduated property tax liability. The first year the property is assessed at 20 percent of the full property tax, the second year is at 40 percent, the third year is at 60 percent, the fourth year is at 80 percent, and the fifth year is at 100 percent.
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Click on the following link if you want to learn more about the real estate available in North Sioux City, South Dakota.
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