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

    4953 Rapid Creek Rd NE Iowa City, IA 52240

    For Sale
    $199,900

    Unimproved Land - IA

    Type:Unimproved Land
    Lot size:
    0.87 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 4953 Rapid Creek Rd NE

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    Res
    APN
    0829176002
    Lot size
    0.87 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Michael Jensen (319) 351-8811

    Listing date Oct 19, 2025

    MLS# 202506560 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

    Residential Lot Ready For Building

    This 0.87-acre residential lot is ready for the construction of a new home. The property benefits from the absence of covenants and includes a private well. Installation of a septic system will be the responsibility of the buyer. The land is located in Iowa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.448612
    Latitude
    41.710909

    Nearby Similar for Sale

    • $529,000

      Live/Work Building in Peninsula Neighborhood

      Three-story mixed-use building with commercial space and residential condo.
      1010 Martin St, Iowa City, IA 52245
      View Details
    • New
      $1,875,000
      12,168 SF

      Iowa City Multifamily Investment Opportunity

      Two well-maintained buildings near the VA Hospital and UIHC.
      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 Multifamily Property

      12-unit multifamily property with strong rental history on West Side.
      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 Multifamily 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?
    Residential land & home lot - Unimproved 0.87 acre residential lot with private well in Iowa.
    Where is this residential land & home lot located?
    The property is located at 4953 Rapid Creek Rd NE Iowa City, IA.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Large 0.87 acre residential lot provides ample space.; - No covenants offer freedom in building design and property use.; - Private well already installed, providing water access.
    (319) 351-8811
    Request Owner's contact information
    4953 Rapid Creek Rd NE 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.
    4953 Rapid Creek Rd NE
    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
    4953 Rapid Creek Rd NE 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.