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    1024 Gilbert Ct Iowa City, IA 52240

    For Lease
    $1,700 /Mo ($0.64 SF/Yr)

    Commercial - IA

    Lot size:
    0.73 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 1024 Gilbert Ct

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CC2
    APN
    1015428007
    Lot size
    0.73 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    2014
    Flooring type
    Concrete, Vinyl
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

    Ambrose & Boyd Realtors (319) 354-8118 [email protected]

    Listing agent Tina Frantz (319) 354-8118

    Listing date Oct 28, 2025

    MLS# 202506673 Listing URL

    Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Warehouse Space Available

    This commercial property offers approximately 950 square feet of front open office or retail space, complete with a half bath. The rear section provides approximately 1050 square feet of garage or warehouse space, featuring an 8'x8' overhead door and a Reznor heater. The spaces are contiguous. Please note that auto repair is a restricted use for this property. A large front retail window provides ample display opportunities and allows for significant natural light. The lease is a gross lease, with the tenant responsible for all utilities. Ample parking is available. The property is located on a lot that measures 0.73 acres.
    Location Intelligence

    Current Use by Public Records

    O'Keefe Elevator Co Elevator Service Heartland Wood Creations Home Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.529501
    Latitude
    41.648556

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    FAQs

    What type of property is this?
    Retail space - Retail and warehouse space for lease in Iowa City.
    Where is this retail space located?
    The property is located at 1024 Gilbert Ct Iowa City, IA.
    What is the lease rate?
    The lease rate is $0.64 SF/Yr.
    What are key features of this property?
    This property features: - Approximately 950 SQFT front open office/retail space and 1050 SQFT garage/warehouse space.; - **Large front retail window provides great display and natural light.**; - Garage/warehouse space includes 8'x8' overhead door and Reznor Heater.
    (319) 354-8118
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    Iowa City, IA 52240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1024 Gilbert Ct Iowa City, IA 52240
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