1 Quail Creek Cir North Liberty, IA 52317
Property profile & analytics
1 Quail Creek Cir North Liberty, IA 52317
- Office buildings
- 16,588 SF
- 2.67 lot acres
Property ID
US25-2291742
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 1 Quail Creek Cir
- Year built
- 1991
- Construction
- FRAME
- Lot size
- 2.67 lot acres
- Property size
- 16,588 SF
- Property type
- Office buildings
- APN
- 613304001
- APU
- 613304001
Description
This exceptional executive office building, located at 1 Quail Creek Circle, presents a unique investment opportunity. The 17,427-square-foot building sits on a generous 2.67-acre lot and is offered for sale at $2,400,000 ($137 per square foot), significantly below replacement cost. Alternatively, the property is available for lease. Three distinct office suites are currently available, ranging from 4,400 to 7,191 contiguous square feet. Each suite boasts numerous private offices, restrooms, conference rooms, kitchenettes, reception areas, and cubicles. A full-service lease is available at $20 per square foot, encompassing taxes, insurance, CAM, and utilities. The expansive lot offers significant redevelopment potential. With rezoning, the site could accommodate a multi-family development of up to 100 units. The building's current vacancy is 17,424 square feet, providing immediate occupancy potential for a single tenant or multiple tenants. The minimum divisible space is 4,400 square feet. This property represents a compelling opportunity for both owner-occupiers and investors seeking a prime location and flexible options.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,385,000
- 6.5%
- $3,125,000
- 7%
- $2,900,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,618,000
- AI Estimate
- $4,219,000
Market price range: $1.27M - $3.23MMarket price range: $1.56M - $5.03M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,140,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $3,035,000 Change: +42% Conversion: Difficult
- RETAIL STORES
- $2,610,000 Change: +22% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Liberty
- County
- Johnson
- State
- Iowa
- Longitude
- -91.6084
- Latitude
- 41.7344
- CBSA code
- 26980
- CBSA name
- IOWA CITY, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$80,460
$929,300
$1,605,700
$2,535,000
-
$929,300
$1,605,700
$2,535,000
