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Flex Space with Overhead Door
For Lease
$960/Mo

114 Stevens Dr, Iowa City, IA 52240

CI1-zoned space accommodates light industrial, warehouse, storage, or wholesale sales uses.

Space Size1,440 SF
Days on Market341

Property Features for 114 Stevens Dr

General Information

Standard status Active
Size 1,440 SF
Net Rentable 1,440 SF
Zoning CI1

Space & Availability

Available Space 1,440 SF
Contiguous Space 1,440 SF
Space Use Flex

Additional Details

Total Rate $960
Warehouse Heated Yes

Amenities

Zero Step Entry

Building Details

Year Built 1971
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Source: Kalonarealty
Added: Nov 17, 2025 Changed: Oct 24 Last Checked: Oct 24 at 2:39PM

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 Lepic-Kroeger, REALTORS

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,440-square-foot flex space was built in 1971 and includes a 10-foot overhead door, a front man door, and a rear man door. The unit has one ADA-compliant bathroom, Reznor heat, and a window air-conditioning unit that the landlord does not maintain or warrant.

Zoned CI1, the property supports light industrial, warehouse, storage, or wholesale sales use.

Key Highlights

  • 1,440 square feet of flex space
  • 10‑foot overhead door, with man doors at the front and rear
  • CI1 zoning for light industrial, warehouse, storage, or wholesale sales

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Real Estate Agency HVAC Service 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Iowa City, IA

$13.1 /SF/Yr
Avg Asking Price
$9.63–$14.65 /SF/Yr
Price Range
6,551 SF
Avg Space Size

This space is priced 39% below the average of $13.1 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • SELINA'S CREATIONS — 611 Southgate Ave, Iowa City, IA 52240
  • Hy-Vee Catering — 1720 Waterfront Dr, Iowa City, IA 52240
  • Catered By Charlotte — 580 Hwy 1 W, Iowa City, IA 52246
  • Firehouse Subs HWY One IC — 161 Hwy 1 W, Iowa City, IA 52246
  • Wich-Uh-Waffle — 1104 S Gilbert St, Iowa City, IA 52240

Frequently Asked Questions

What type of property is this?
Flex space - CI1-zoned space accommodates light industrial, warehouse, storage, or wholesale sales uses.
Where is this flex space located?
The property is located at 114 Stevens Dr Iowa City, IA.
What is the lease rate?
The lease rate is $960/Mo.
What are key features of this property?
This property features: 1,440 square feet of flex space; 10‑foot overhead door, with man doors at the front and rear; CI1 zoning for light industrial, warehouse, storage, or wholesale sales
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