850 Capitol StIowa City, IA 52240

Property Details for 850 Capitol St

Year built

1974

Construction

WOOD

Lot size

0.86 AC

Property size (Sq ft)

22,100 SF

Property type

Other commercial real estate

APN

1015259002

APU

1015259002

Description

Exceptional 1.65-acre commercial land opportunity in Iowa City, IA, priced at $7,000,000. This 71,258 square foot parcel, located at the northeast corner of South Capitol Street and East Benton Street, presents a unique development prospect. Situated just seven blocks from the Old Capitol building and the University of Iowa campus, this property benefits from its proximity to the vibrant downtown area and high foot traffic. The site is zoned C1-1 within the Riverfront Crossings district, a designated area with a form-based zoning code designed to facilitate efficient and attractive development, including advantageous housing densities and parking requirements. Detailed information on the Riverfront Crossings development plan is available on the City of Iowa City website. The property includes two lots and a former, abandoned CRANDIC Railroad right-of-way. Currently, a single-story commercial/office building stands on the site at 850 S. Capitol Street

• Alternative Use

  Use

  Valuation

  Residential

  $6,767,729

  Hospitality

  $6,199,204

  Educational

  $5,157,664

  Medical

  $5,335,044

  Retail

  $8,023,034

Location Insight

City

Iowa City

County

Johnson

State

Iowa

Latitude

41.6515

Longitude

-91.5358

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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