305 E Prentiss St Iowa City, IA 52240
- Added:
- Oct 10, 2025
- Days on Market:
- 174
- Last Refresh:
- Apr 1 at 1:06 pm
Property Features for 305 E Prentiss St
General Information
- Property type
- Land
- Property subtype
- Unimproved Land
- Zoning
- CI1 CC2 RFC
- Standard status
- Active
- APN
- Multi
- Lot size
- 1.59 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 109454
Building Details
- 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 Oct 10, 2025
MLS# 202506409
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
Redevelopment Land in Iowa City
This offering consists of 1.59 acres of land suitable for redevelopment, situated within the Riverfront Crossing District and in close proximity to the city center of Iowa City, IA. Specifically located at 305 & 315 E Prentiss St & 625 S Gilbert St, the site has received city approval for the construction of a 192-unit building containing 382 beds, distributed as 50 one-bedroom, 94 two-bedroom, and 48 three-bedroom apartments. The development plan requires a total of 298 parking spaces. The proposal includes constructing 150 parking spaces on-site, with the remaining 148 spaces accommodated through a fee-in-lieu arrangement, thus waiving the construction requirement for those spaces. Additionally, the plan requires 121 bike parking spaces. All interested parties are advised to independently verify the City of Iowa City's approvals with the relevant city authorities. The current owner intends to demolish all existing buildings on the site at their own expense prior to closing. Comparable sales documents are available for review. The zoning is CI1 CC2 RFC.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.53143
- Latitude
- 41.65411
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 1.59 acres of land approved for 192 units.
Where is this commercial land located?
The property is located at 305 E Prentiss St Iowa City, IA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Approved for high‑density redevelopment: **382 beds in 192 units.**; Prime location: Riverfront Crossing District, near Iowa City center.; Parking solution: **150 on‑site spaces planned**, 148 via fee‑in‑lieu (no construction required).
