Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    North Liberty Commercial Space Available Title is generated by Realmo AI

    595 Country Ln, North Liberty, IA 52317

    View on Map
    Claim this Listing
    Pending
    $20 SF/Yr

    Commercial - NorthLiberty, IA

    Lot size:
    1.71 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    48
    Last Refresh:
    May 17 at 10:06 am

    Property Features for 595 Country Ln

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Interior features
    Zerostepentry
    Standard status
    Pending
    APN
    0611427002
    Lot size
    1.71 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0.46

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2016
    Flooring type
    Tile
    Building materials
    Block, Brick, Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Melissa Hodapp

    Listing agent Melissa Hodapp

    Listing office Keller Williams Legacy Group 595 Country Ln, Coralville, IA

    Listing date Mar 31, 2026

    MLS# 202602121 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.

    HighLights

    • High visibility location on Penn St with 13,500 average daily traffic count
    • Built in 2016
    • Central air conditioning
    • Forced air natural gas heating
    • Zero‑step entry for accessibility
    • Durable construction with block, brick, and frame

    Overview

    This commercial space is located in a strip mall and offers visibility from Penn Street, where the average traffic count is 13,500. The property is zoned for commercial use and is situated on a 1.71-acre lot in North Liberty, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    North Liberty
    County
    Johnson
    State
    Iowa
    Longitude
    -91.622902
    Latitude
    41.751689

    Nearby Similar for Lease

    • $2,200/Mo
      1,500 SF

      North Liberty Retail Space Available

      Retail space in mixed-use building with high-traffic signage opportunity.
      1395 Jordan St, NorthLiberty, IA 52317
      View Details
    • $1,000/Mo
      705 SF

      Retail Space Inside Top Shape Gym

      705 SF retail space with built-in client base.
      1395 Jordan St, NorthLiberty, IA 52317
      View Details
    • $12 SF/Yr

      North Liberty Office Space Available

      2,400 SF office space in prime North Liberty location.
      655 Liberty Way, NorthLiberty, IA 52317
      View Details
    • $15 SF/Yr

      Move-in Ready Office Space

      Professional office space with high visibility and easy access.
      1295 Jordan St, NorthLiberty, IA 52317
      View Details
    • $20 SF/Yr

      North Liberty Commercial Space Available

      Commercial space with high visibility and design flexibility for rent.
      595 Country Ln, NorthLiberty, IA 52317
      View Details
    • $20 SF/Yr

      North Liberty Retail Space Available

      Prime retail space with drive-through in North Liberty, Iowa.
      680 Meade Dr, NorthLiberty, IA 52317
      View Details
    • $20 SF/Yr
      1,923 SF

      Prime Retail/Office Suite Available

      New construction retail/office suite in North Liberty's growth corridor.
      575 Madison Ave, North Liberty, IA
      View Details
    • $10 SF/Yr
      4,000 SF

      North Liberty Retail Space Available

      Versatile 4,000 SF suite in high-visibility retail center.
      710 Pacha, North Liberty, IA
      View Details
    • $10 SF/Yr
      3,777 SF

      Versatile Space Near I-380

      Warehouse, flex, or showroom space with ample parking and visibility.
      2810 Stoner Ct, North Liberty, IA
      View Details
    • $20 SF/Yr

      Commercial - NorthLiberty, IA

      595 Country Ln, NorthLiberty, IA 52317
      View Details
    • $39 SF/Yr
      1,602 SF

      New Retail Space in Development

      New retail space available in a developing entertainment district.
      1255 Hayes Ln, North Liberty, IA
      View Details
    • Contact for pricing

      Drive-Thru Restaurant Space Available

      Open retail space with drive-thru, near new Aldi.
      680 Meade Dr Ste 1, North Liberty, IA, 52317-8846
      View Details

    FAQs

    What type of property is this?
    Strip mall - Commercial space with high visibility in North Liberty, Iowa.
    Where is this strip mall located?
    The property is located at 595 Country Ln North Liberty, IA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: High visibility location on Penn St with 13,500 average daily traffic count; Built in 2016; Central air conditioning
    (319) 929-4520
    We can help!
    Listing Contact
    Melissa Hodapp
    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

    Thank You for Inquiry
    595 Country Ln, NorthLiberty, IA 52317
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!