2834 NORTHGATE DR, Iowa City, IA 52245
Commercial - IowaCity, IA
- Added:
- Apr 22, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 8 at 12:06 pm
Property Features for 2834 NORTHGATE DR
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CO1
- Standard status
- Active
- APN
- 0736452003
- Size
- 17,967 SF
- Lot size
- 1.98 Acres
Taxes and HOA fees
- Tax Annual Amount
- 76512
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1996
- Flooring type
- Concrete
- Architectural style
- Other
Listing agent Jeff Edberg (319) 331-6187
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA (319) 351-8811
Listing date Apr 22, 2026
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.
HighLights
- Expansive office suite offering 17,967 SF, including 12,000 SF on the first floor and a 6,000 SF walk‑out lower level.
- Comes with Herman Miller cubicles and furniture included at no additional cost.
- Benefit from 85 parking spaces.
- CO‑1 zoning provides flexibility for office, medical, and service‑oriented businesses.
- ADA accessible on both floors, featuring two ADA compliant bathrooms on each level.
- Enjoy a distinctive atrium and a relaxing east‑facing patio.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $394.6k | $21.96 |
| − Vacancy | −$39.5k | −$2.20 |
| EGI | $355.1k | $19.76 |
| − OpEx | −$142.0k | −$7.91 |
| NOI | $213.1k | $11.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.491605
- Latitude
- 41.688498
