0 Orchard Ct Iowa City, IA 52246
This exceptional 4.12-acre development opportunity in Iowa City, IA, is offered at $5,395,000. Located directly adjacent to the University of Iowa campus, this property comprises 13 lots (APN: 1016185003, 1018185004, 1016185005, 1016188013, 1016188014, 1016188015, 1016188016, 1016188017, 1016188022, 1016188003, 1016188004) and is zoned OPD5/RM20, allowing for a large-scale residential complex. The site's prime location offers unparalleled convenience and access to the University of Iowa's academic buildings, including the colleges of law, business, arts, dentistry, pharmacy, and medical school. Its proximity to University of Iowa Hospitals and Clinics, Carver-Hawkeye Arena, and Kinnick Stadium ensures a vibrant and dynamic lifestyle for future residents. The development potential is significant, with estimates ranging from 180 to 220 residential units. This presents a unique opportunity to create modern living spaces catering to students, faculty, healthcare professionals, and those seeking downtown living. The address is Orchard Ct, Iowa City, IA 52246 (41.6513468, -91.5419991) in Johnson County. This is an exclusive offering.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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