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Commercial Land with Existing Buildings
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Pending

111 Stevens Dr, Iowa City, IA 52240

Corner parcel with split commercial zoning, two occupied buildings, and a storage structure.

Property SizeContact for details
Days on Market143

Property Features for 111 Stevens Dr

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Iowa City Commercial Real Estate
Listed By: Jeff Edberg · License #IA B33730000
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iowa City Commercial Real Estate

Investment Insights

Based on property information with market context.

This 1.12-acre commercial land holding occupies the corner of Gilbert and Stevens Drive and includes improvements across its two zoning areas. The east portion carries Cc-2 zoning, while the west portion is designated Ci-1. Existing improvements include a 3,750-square-foot building occupied by Kidworks, a 5,952-square-foot building used by House Works, and a 1,200-square-foot storage shed on the west parcel.

The property fronts Stevens Drive near S. Gilbert, where the reported daily traffic count is 7,000. Both existing occupancies are subject to gross leases that terminate on April 30, 2024. The combination of commercial land, established improvements, split zoning, and two existing occupants creates a property with both land and building components.

Key Highlights

  • 1.12‑acre commercial land parcel at the corner of Gilbert and Stevens Drive
  • East portion zoned Cc‑2; west portion zoned Ci‑1
  • 3,750‑square‑foot building occupied by Kidworks

Property Analytics

Current Use

Kidworks Discount Store Johnson County Green ... Advocacy Group

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store HVAC Service Real Estate Agency Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby
142k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 37% Shops & Services 24% Dining 22% Home Improvements & Furnishings 7%
Hy-Vee Groceries
48,058 visits/mo 0.2 miles
Kwik Trip Shops & Services
25,518 visits/mo 0.4 miles
Arby's Dining
10,746 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
9,357 visits/mo 0.3 miles
Burger King Dining
8,707 visits/mo 0.3 miles

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel with split commercial zoning, two occupied buildings, and a storage structure.
Where is this commercial land located?
The property is located at 111 Stevens Dr Iowa City, IA.
What are key features of this property?
This property features: 1.12‑acre commercial land parcel at the corner of Gilbert and Stevens Drive; East portion zoned Cc‑2; west portion zoned Ci‑1; 3,750‑square‑foot building occupied by Kidworks
(319) 331-6187 Call to check price and availability
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