Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land Near City Park Title is generated by Realmo AI

    9 Lot Parkview Ln, Tipton, IA 52772

    View on Map
    Claim this Listing
    For Sale
    $54,000

    Unimproved Land - Tipton, IA

    Type:Unimproved Land
    Lot size:
    0.31 Acres
    Added:
    Oct 28, 2025
    Days on Market:
    222
    Last Refresh:
    Jun 6 at 4:06 pm

    Property Features for 9 Lot Parkview Ln

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Zoning
    RES
    Standard status
    Active
    APN
    TBD
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Annual Amount
    172

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Teresa Horton
    Teresa Horton

    Listing agent Teresa Horton

    Listing office Cornerstone Real Estate Consultants 311 Cedar Street, Tipton, IA

    Listing date Oct 28, 2025

    MLS# 202506684 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

    • Prime location: Steps from city park, aquatic center, baseball diamonds, and soccer fields
    • 7‑year 100% tax abatement on new construction
    • Building lot ready for development
    • Close proximity to schools
    • Rare opportunity in desirable location
    • Located in Tipton, Iowa

    Overview

    This 0.31-acre unimproved land is located a few steps from the city park, aquatic center, baseball diamonds, and soccer fields. It is also a few blocks from the school in Tipton, Iowa. The City of Tipton is offering a 100% tax abatement on new construction for 7 years. The zoning is RES.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Tipton
    County
    Cedar
    State
    Iowa
    Longitude
    -91.11875158
    Latitude
    41.77578849

    Nearby Similar for Sale

    • $899,000
      54,600 SF

      Versatile Commercial Building in Tipton

      54,600 sq ft multi-purpose commercial building for sale.
      42 Spruce St, Tipton, IA 52772
      View Details
    • $250,000
      11,040 SF

      Versatile Commercial Building in Tipton

      11,040 sq ft building on 1.43 acres.
      401 W 9th Street, Tipton, IA 52772
      View Details
    • $436,035

      Prime Development Land in Tipton

      7.78 acres of commercial land for development in Tipton, IA.
      1282 Moscow Rd, Tipton, IA 52772
      View Details
    • $250,000

      Commercial Land in Tipton, Iowa

      1.43 acre commercial land for sale in Tipton, Iowa.
      401 W 9th St, Tipton, IA 52772
      View Details
    • $639,330

      Prime Commercial Development Land

      11.29 acres of commercial land in Tipton, Iowa.
      104 Alexander Dr, Tipton, IA 52772
      View Details
    • $114,450

      Commercial Land for Development

      Land available for development, purchase, lease, or investment.
      Alexander Dr Lot 4, Tipton, IA 52772
      View Details
    • $2,297,000

      Cedar County Farm Land Available

      176.55 acre farm with high CSR2 rating.
      1614 270th St, Tipton, IA 52772
      View Details
    • $484,169

      Commercial Land in Tipton, Iowa

      8.55 acres of commercial development land in Tipton, Iowa.
      Spruce St, Tipton, IA 52772
      View Details
    • $519,900

      Shovel Ready Development Opportunity

      Ten shovel-ready lots near park and school with tax abatement.
      10 Lots Parkview Dr, Tipton, IA 52772
      View Details
    • $119,450

      Commercial Lot in Growing Tipton

      1.72 acre commercial lot in Tipton, Iowa.
      Alexander Dr Lot 3, Tipton, IA 52772
      View Details
    • $50,000

      Residential Lot Near City Park

      Building lot near park, aquatic center, and school.
      1007 Parkview Dr, Tipton, IA 52772
      View Details
    • $43,000

      Residential Land in Established Neighborhood

      Two lots near park, school, and aquatic center.
      2 Lots E 5th St, Tipton, IA 52772
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved residential land near park and recreational facilities.
    Where is this land located?
    The property is located at 9 Lot Parkview Ln Tipton, IA.
    What is the asking price?
    The asking price for this property is $54,000.
    What are key features of this property?
    This property features: Prime location: Steps from city park, aquatic center, baseball diamonds, and soccer fields; 7‑year 100% tax abatement on new construction; Building lot ready for development
    (319) 936-3880
    We can help!
    Listing Contact
    Teresa Horton
    Teresa Horton
    Real Estate License ID: B41734000
    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
    9 Lot Parkview Ln, Tipton, IA 52772
    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!