0 Iwv Commercial Park Iowa City, IA 52240
This exceptional 2.05-acre commercial lot, identified as IWV Commercial Park Lot 4, presents a remarkable investment opportunity in the thriving Iowa City market. Located in Johnson County, Iowa, with a 52240 zip code, this property boasts a highly desirable C-2B zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size provides ample space for a variety of projects, from retail establishments and office buildings to light industrial uses. The property's strategic location within the IWV Commercial Park ensures excellent visibility and accessibility, attracting significant foot traffic and convenient access for employees and customers. With its prime location and flexible zoning, this parcel is perfectly positioned to capitalize on Iowa City's robust economic growth and burgeoning commercial sector. The asking price is $800,000, and the Assessor's Parcel Number (APN) is 1113203001. This is a rare opportunity to acquire a substantial commercial land parcel in a highly sought-after area. Don't miss out on this chance to build your business's future in a dynamic and growing community. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.