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Financial
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Property profile

1010 Martin St Iowa City, IA 52245

FOR SALE
Other investment properties
Property ID
US25-2295087
3,046 SF 0.09 ac lot Built 2014
Last sale Oct 2021 · $485,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A three-story mixed-use building is located on Emma Harvat Square in the Peninsula Neighborhood. The ground-floor commercial component was built for neighborhood foodservice use and includes a main bar and dining room with two-story ceilings, a mezzanine that overlooks the bar and dining area, a commercial kitchen, and a 715-square-foot wraparound patio. The restaurant/dining layout includes 1,341 square feet on the first floor for prep and dining, with approximately 90 square feet of mezzanine…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$567k
Assessed land$60k
Assessed improvement$508k
Effective rate2.37%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$420k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$4k
Operating expenses−$11k
NOI · 6.29% cap applied$32k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$64 – $204
Qualifying comparables6

Cap rate analysis

How does the asset earn?
6.29%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.1
HVAC Service9.7
Garden Center8.7

Location

1010 Martin St Iowa City, IA 52245
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 Market, Iowa City, IA 52245-2628 $584,000 Jan 2025 7,096 SF
1040 Martin, Iowa City, IA 52245-4705 $425,000 Sep 2024 2,319 SF
209 Linn, Iowa City, IA 52245-2150 $850,000 Nov 2021 4,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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