Medical Premises

Iowa City, IA Medical Office Space for Sale

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Office Building with Elevator
Updated: Jul 13
Office Building with Elevator

Iowa City, IA 52246

$4,750,000
1.45 AC lot
Fully leased office property on a 1.45‑acre site
6.0% capitalization rate
Two surface parking lots plus underground parking
Elevator access from the lower‑level garage through the second floor
1996 construction with brick and frame exterior and metal roof
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Office Units with Elevator Access
Updated: May 28
Office Units with Elevator Access

Iowa City, IA 52245

$1,050,000
0.12 AC lot
Combined offering includes 3,855 SF upper‑level and 1,579 SF first‑floor office suites
Upper suite features 11 private windowed offices, kitchenette, conference room, and waiting area
First‑floor suite provides 4 large private windowed offices and reception space
Five ADA bathrooms serve the two suites: 3 upstairs and 2 on the first floor
Elevator served with accessible elevator installed and zero‑step entry
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Partially Leased Office Building
Partially Leased Office Building

2937 Sierra Ct SW, Iowa City, IA 52240

$2,200,000
37,875 sqft

Substantially sized office building with large floor plates, partially leased, and remaining second/third floor vacancy.

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See what stands out in Johnson County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Medical Office Building with Expansion Space
Medical Office Building with Expansion Space

3010 Northgate Drive, Iowa City, IA 52245

$3,800,000
24,038 sqft 3.40 AC lot

Two-story medical office property with existing clinical improvements, an unfinished upper level, and basement support areas.

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Medical Office Suite with Lobby
Medical Office Suite with Lobby

2346 Mormon Trek Blvd, Iowa City, IA 52246

Contact for pricing
1,310 sqft

Former dental layout includes a reception lobby, private offices, and open work areas, plus signage exposure on a busy corridor.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Iowa City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Story Elevator Office Building
Three-Story Elevator Office Building

520 10th Ave, Coralville, IA 52241

$4,720,000
25,248 sqft

Brick construction, elevator service, and C3 zoning are paired with a full interior build-out.

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Elevator-Served Office Building
Elevator-Served Office Building

520 10th Ave, Coralville, IA 52241

$4,720,000
1.82 AC lot

Three-story brick property with medical-office improvements, accessible entry, and flexible room configurations.

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Fully Occupied Medical Office
Fully Occupied Medical Office

2740 1st Avenue NE, Cedar Rapids, IA 52402

$2,055,000
9,800 sqft 0.71 AC lot

Healthcare-oriented office property with full occupancy, on-site parking, and Trad Mix zoning along a major commercial corridor.

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Medical Facility Investment Opportunity
Medical Facility Investment Opportunity

5264 Council St NE, Cedar Rapids, IA 52402

Contact for pricing
70,326 sqft

Long-term sale-leaseback with credit-rated Mercy Medical in prime location.

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Iowa City, IA Medical Office Space Market Trends and Statistics

Explore 5 medical office space for sale in Iowa City, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 63,223 square feet of properties for sale, with an estimated market value of $11,800,000.

Sale prices for medical spaces in Iowa City, IA start at $1,050,000, averaging $2,950,000, and reaching up to $4,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 102
Office buildings 14
Medical Office Space 10
Creative space 1

Demographics Overview

Population 108K
Population Growth (5Y) +35.7%
Median Household Income $62,209
College Educated 50.5%

High-Yield Neighborhoods for Investment

Identify Iowa City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52245 $2M
52240 $2.2M
52246 $2.4M

Taxes & Financing

Tax Rate (average for all types) 3.25%
Property Tax per SF $18.14 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Johnson County

New Delisted

Total CRE Inventory on Market (SF)

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