4960 Lower West Branch Rd Iowa City, IA 52240
- Land
- 293.29 lot acres
Current Use by Public Records
- Land
Property Details for 4960 Lower West Branch Rd
- Lot size
- 293.29 lot acres
- Property type
- Land
Description
This exceptional 293.29-acre property in Iowa City, Iowa, presents a significant development opportunity. Located at 4960 Lower West Branch Rd SE, this gently rolling land is currently zoned AG. Situated east of Taft Avenue, this expansive parcel offers direct connectivity to adjacent acreage, potentially totaling 449.29 contiguous acres when combined with a nearby 156-acre parcel. This combination could facilitate a substantial subdivision project. The property's strategic location in Johnson County, Iowa, near Iowa City (zip code 52240), offers excellent access to amenities and infrastructure. The asking price is $11,731,600, translating to $50,000 per acre. Included in the sale are parcels 0908426001, 0908401001, 0908451001, 0908476001, 0917126001, 091701001, 0917151001, and 0908177002. Sewer connection possibilities exist through the adjacent 156-acre parcel, further enhancing development potential. This is a rare opportunity to acquire a large, well-located tract of land with significant upside for future development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.4477
- Latitude
- 41.6647
