Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Iowa City Title is generated by Realmo AI

    3954 Winnsboro Dr, Iowa City, IA 52245

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at 3954 Winnsboro Dr, Iowa City, IA
    For Sale
    $90,000

    Residential - IowaCity, IA

    Lot size:
    0.36 Acres
    Added:
    May 24, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 4 at 5:06 am

    Property Features for 3954 Winnsboro Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Standard status
    Active
    APN
    918215001
    Lot size
    0.36 Acres

    Taxes and HOA fees

    Tax Annual Amount
    138

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Emily Hammes
    Emily Hammes

    Listing agent Emily Hammes

    Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA

    Listing date May 24, 2026

    MLS# 202603424 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

    • Corner lot offering unique landscaping and build opportunities.
    • Walkout lot providing seamless indoor‑outdoor living.
    • Bring your own builder and design your dream home.
    • Convenient location on the east side of Iowa City.
    • Near elementary school.
    • Close to parks, trails, and bus line.

    Overview

    This residential corner lot is located in the Community View neighborhood on the east side of Iowa City. The lot is a walkout and measures 0.36 acres. The property is conveniently located near the elementary school, parks, trails, and bus line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.477788
    Latitude
    41.653608

    Nearby Similar for Sale

    • $1,050,000
      3,855 SF

      Eastside Office Suites For Sale

      Office suites with high visibility, ideal for owner-user or investment.
      673 Westbury Dr, IowaCity, IA 52245
      View Details
    • $2,500,000

      Spacious Office Suite in IowaCity

      17,967 SF office suite with open plan and offices.
      2834 NORTHGATE DR, IowaCity, IA 52245
      View Details
    • $1,000,000

      7.2 Acres on Camp Cardinal

      7.2 acre parcel zoned MU in IowaCity, Iowa.
      800 Camp Cardinal Blvd, IowaCity, IA 52246
      View Details
    • $4,995,000

      Retail Investment with Stable Tenants

      Leased retail property with long-term operators, positioned on Hwy 6 near an active retail hub.
      425 E Hwy 6, IowaCity, IA 52240
      View Details
    • $1,599,000
      2,700 SF

      Versatile Commercial Property with Income

      Mixed-use property with bays, office space, and apartment potential.
      615 Highway 1 W, IowaCity, IA 52246
      View Details
    • $825,000

      Downtown Iowa City Office Condo

      Office condo in downtown Iowa City with conversion potential.
      22 S Linn St, IowaCity, IA 52240
      View Details
    • Contact for pricing
      13,395 SF

      Iowa City Commercial Condo Opportunity

      Flexible industrial/commercial condos in Iowa City with warehouse and office space.
      2485 Naples Ave SW, Iowa City, IA 52240
      View Details
    • $1,000,000

      Iowa City Commercial Suite

      5060 SF commercial suite for sale or lease.
      2545 N Dodge St, IowaCity, IA 52245
      View Details
    • $4,750,000

      Iowa City Class A Building

      Class A building fully leased with income potential in IowaCity.
      2346 Mormon Trek Blvd, IowaCity, IA 52246
      View Details
    • $520,000
      3,696 SF

      Iowa City Multifamily Condominiums

      Four condominiums with rental history near UIHC and schools.
      433 Westwinds Dr, IowaCity, IA 52246
      View Details
    • $515,000

      Iowa City Mixed-Use Building

      Commercial restaurant space and residential condo in vibrant neighborhood.
      1010 Martin St, IowaCity, IA 52245
      View Details
    • $405,761

      Iowa City Commercial Land Available

      Ready-to-build commercial land with flexible zoning in Iowa City.
      2568 S Scott Blvd, IowaCity, IA 52240
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Corner lot near school, parks, and bus line.
    Where is this residential land & home lot located?
    The property is located at 3954 Winnsboro Dr Iowa City, IA.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: Corner lot offering unique landscaping and build opportunities.; Walkout lot providing seamless indoor‑outdoor living.; Bring your own builder and design your dream home.
    (319) 594-4993
    We can help!
    Listing Contact
    Emily Hammes
    Emily Hammes
    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
    3954 Winnsboro Dr, IowaCity, IA 52245
    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!