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    1029 S Riverside Dr Iowa City, IA 52240

    For Lease
    $24 SF/Yr

    Commercial - Iowa City, IA

    Lot size:
    1.00 Acre
    Days on Market:
    265
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 1029 S Riverside Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    1016401010
    Interior features
    Zerostepentry
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Flooring type
    Concrete
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    Lepic-Kroeger, REALTORS (319) 351-8811 [email protected]

    Listing agent Ryan O'Leary (319) 351-8811

    Listing date Mar 19, 2025

    MLS# 202501639 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

    Iowa City Commercial Space Available

    This brand new commercial space is situated at the corner of a high-traffic intersection in Iowa City, specifically at the junction of Highway 1W and Riverside Drive. The property offers ample free parking. The space can be customized for various uses, including retail, restaurant, or office purposes. The base rent is $24 per square foot on a NNN basis, with additional costs for insurance at $0.83 per square foot, taxes at $2.91 per square foot, and common area maintenance (CAMs) at $0.68 per square foot. The property is zoned for commercial use and is located in Johnson County, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    T-Mobile Cell Phone Store Hertz - Uber Iowa ... Car Rental Agency Thrifty Car Rental ... Car Rental Agency Walgreens Community Pharmacy Medical Clinic Hertz Car Rental ... Car Rental Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.540879
    Latitude
    41.648159

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    FAQs

    What type of property is this?
    Retail space - New commercial space suitable for retail, restaurant, or office use.
    Where is this retail space located?
    The property is located at 1029 S Riverside Dr Iowa City, IA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Hwy 1W and Riverside Drive.; - Flexible space suitable for retail, restaurant, or office use.; - Ample free parking available.
    (319) 351-8811
    Request Owner's contact information
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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
    1029 S Riverside Dr Iowa City, IA 52240
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