Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2788 Fox Drive Williamsburg, IA 52361

    View on Map
    Claim this Listing
    For Sale
    $35,000

    Unimproved Land - Williamsburg, IA

    Type:Unimproved Land
    Lot size:
    1.44 Acres
    Added:
    Jul 21, 2025
    Days on Market:
    277
    Last Refresh:
    Apr 23 at 8:06 pm

    Property Features for 2788 Fox Drive

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Zoning
    Residential
    Standard status
    Active
    APN
    123604049
    Lot size
    1.44 Acres

    Taxes and HOA fees

    Tax Annual Amount
    82.76
    Expense value
    720
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lexi Belland Perez

    Listing agent Lexi Belland Perez

    Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA

    Listing date Jul 21, 2025

    MLS# 202504752 Listing URL

    Copyright © 2026 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

    Residential Land in Williamsburg, Iowa

    This 1.44-acre residential land is located on Fox Drive in Coyote Run-Phase 2. The property offers a peaceful setting with views of the Iowa countryside, including a pond view and rolling hills. Wildlife is abundant in the area. The development features rural water and is located off a hard surface road, providing convenient access to I-80. Residents can enjoy the community pond. The property is located within the Williamsburg School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Williamsburg
    County
    Iowa
    State
    Iowa
    Longitude
    -92.0681
    Latitude
    41.6146

    Nearby Similar for Sale

    • $340,000

      Income-Producing Commercial Property in Williamsburg

      Renovated mixed-use property with diverse income streams in downtown Williamsburg.
      306 W State Street, Williamsburg, IA 52361
      View Details
    • $224,900

      Mixed-Use Property in Williamsburg, IA

      Mixed-use property with apartments and storage bays in Williamsburg.
      102 Washington Street, Williamsburg, IA 52361
      View Details
    • $29,900

      Residential Land in Williamsburg, Iowa

      1.56 acre residential lot with pond view near I-80.
      Lot 20 Fox Drive, Williamsburg, IA 52361
      View Details
    • $50,000

      Residential Land in Iowa County

      Spacious lot near Williamsburg, with rural water access.
      Lot 27 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $45,000

      Residential Land in Iowa County

      Spacious lot near I-80 with rural water access.
      Lot 21 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $49,900

      Residential Land in Iowa County

      1.89 acre residential lot in Williamsburg, Iowa.
      Lot 24 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $55,000

      Residential Land in Iowa County

      Spacious lot near I-80 in Williamsburg School District.
      Lot 29 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $45,000

      Residential Land in Iowa County

      1+ acre lot near I-80, Williamsburg School District.
      Lot 26 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $49,000

      Residential Land in Iowa County

      Spacious lot with serene views near Williamsburg, Iowa.
      Lot 30 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $45,000

      Residential Land in Iowa County

      1.17 acre residential lot with rural water access.
      Lot 23 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $42,000

      Residential Land in Iowa County

      1.11 acre residential lot near I-80 in Williamsburg, IA.
      Lot 22 Coyote Run Phase III, Williamsburg, IA 52361
      View Details
    • $37,000

      Residential Land in Williamsburg, Iowa

      1.02 acre residential land with pond view near I-80.
      Lot 10 Fox Drive, Williamsburg, IA 52361
      View Details

    FAQs

    What type of property is this?
    Land - 1.44 acre residential land with pond view near I-80.
    Where is this land located?
    The property is located at 2788 Fox Drive Williamsburg, IA.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: 1.44 acre lot for building a custom home; Picturesque views of Iowa countryside with pond and rolling hills; Convenient access to I‑80
    (319) 530-1055
    We can help!
    Listing Contact
    Lexi Belland Perez
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!