Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    425 Highway 6 E Iowa City, IA 52240

    New
    For Sale
    $5,500,000

    Commercial - IowaCity, IA

    Lot size:
    2.57 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 12 at 7:06 pm

    Property Features for 425 Highway 6 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CC2
    APN
    1015460002
    Interior features
    Zerostepentry
    Lot size
    2.57 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Flooring type
    Concrete
    Building materials
    Frame
    Architectural style
    Other

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

    Listing agent Jeff Edberg (319) 351-8811

    Listing date Dec 10, 2025

    MLS# 202507280 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

    Leased Investment Opportunity in Iowa City

    This commercial property in Iowa City, Iowa, presents a leased investment opportunity. The property is currently occupied by Goodwill Industries and Advanced Auto Stores. Advanced Auto has occupied its 8,086 square foot suite since 1997. Goodwill Industries has been a tenant since 1967, expanding into the full 28,277 square foot space in 2021, occupying a total of 36,322 square feet. The lease rates are $11.17 NNN for Advanced Auto Parts and $12.00 NNN for Goodwill. The property operates at a 7.0 capitalization rate, with potential increases over time. The property is located adjacent to the Waterfront Hy Vee. Traffic counts on Hwy 6 are 10,700 cars daily. The parking lot is shared with the facing building to the east, providing approximately 125 parking spaces, plus the shared spaces. The lot size is 2.57 acres. The zoning is CC2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Quick-Tag, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.530164
    Latitude
    41.644347

    Nearby Similar for Sale

    • $529,000

      Iowa City Mixed-Use Building

      Three-story live/work building in the Peninsula Neighborhood.
      1010 Martin St, Iowa City, IA 52245
      View Details
    • $1,875,000
      12,168 SF

      Iowa City Multifamily Investment Opportunity

      Two well-maintained buildings near University of Iowa offer redevelopment potential.
      5 Woolf Ave, Iowa City, IA 52240
      View Details
    • $420,000

      Well-Designed Office Near Downtown

      Attractive first-floor office space with high ceilings and natural light.
      250 E Court St, Iowa City, IA 52240
      View Details
    • $1,100,000
      Pending

      West Side Drive 12-Plex

      Iowa City 12-plex with excellent rental history and shared laundry.
      182 West Westside Dr, Iowa City, IA 52246
      View Details
    • $371,520

      Spacious Office with Modern Amenities

      Large office space with new HVAC and free parking.
      1700 S 1St Ave, Iowa City, IA 52240
      View Details
    • $1,450,000
      11,088 SF

      Iowa City Condominium Investment Opportunity

      Twelve 2-bed, 1.5-bath condominiums with garages, excellent rental history.
      403-461 Westwinds Dr, Iowa City, IA 52246
      View Details

    FAQs

    What type of property is this?
    Shopping center - Long-term tenants, stable income, and high-traffic location.
    Where is this shopping center located?
    The property is located at 425 Highway 6 E Iowa City, IA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Long-term, stable tenants: Advanced Auto Parts (since 1997) and Goodwill Industries (since 1967); - Fully leased 36,322 SF property; - Located adjacent to the Waterfront Hy Vee in Iowa City
    (319) 351-8811
    Request Owner's contact information
    425 Highway 6 E Iowa City, IA 52240
    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.
    425 Highway 6 E
    Iowa City, IA 52240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    425 Highway 6 E Iowa City, IA 52240
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.