4960 Lower West Branch Rd Iowa City, IA 52240
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.