Search
Commercial Land with Existing Building
For Sale
Contact for pricing

850 S Capitol St, Iowa City, IA 52240

Development parcel with an existing single-story commercial building in the Riverfront Crossings district.

Property SizeContact for details
Days on Market144

Property Features for 850 S Capitol St

General Information

Standard status Active
Property subtype Land
Listing Agency: Iowa City Commercial Real Estate
Listed By: Jeff Edberg · License #IA B33730000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:28AM

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 commercial land offering encompasses 1.65 acres at 850 S. Capitol Street, including two lots and an abandoned former CRANDIC Railroad right-of-way. A single-story commercial/office building currently occupies the site, while the separate lot and building at 804 S. Capitol Street are excluded from the offering.

The property sits at the northeast corner of S. Capitol Street and E. Benton Street, seven blocks from the Old Capitol building, downtown Iowa City, and the University of Iowa campus. It is located within the Riverfront Crossings district, where a form-based zoning code addresses housing densities and parking requirements. The property is positioned as a future development site with existing commercial improvements.

Key Highlights

  • 1.65‑acre commercial land offering at 850 S. Capitol Street
  • Includes two lots and an abandoned former CRANDIC Railroad right‑of‑way
  • Single‑story commercial/office building currently on site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility HVAC Service Nail Salon Garden Center

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

2,187
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Development parcel with an existing single-story commercial building in the Riverfront Crossings district.
Where is this commercial land located?
The property is located at 850 S Capitol St Iowa City, IA.
What are key features of this property?
This property features: 1.65‑acre commercial land offering at 850 S. Capitol Street; Includes two lots and an abandoned former CRANDIC Railroad right‑of‑way; Single‑story commercial/office building currently on site
(319) 331-6187 Call to check price and availability
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