1067 Ryan Ct Iowa City, IA 52246
- Commercial real estate
- 4,301 SF
- 1.69 lot acres
Current Use by Public Records
- Benjamin Jaggers / Physician
- Mercy Iowa City Behavioral Health Clinic / Medical Clinic
- Margaret Butler / Physician
- Susan Meyer / Physician
- Dr. Darbie Little-Cooper / Pediatrician / Physician
Property Details for 1067 Ryan Ct
- Year built
- 2012
- Construction
- WOOD
- Lot size
- 1.69 lot acres
- Property size
- 4,301 SF
- Property type
- Commercial real estate
- APN
- 1112105001
- APU
- 1112105001
Description
This exceptional 4,301-square-foot Class A medical office building, constructed in 2012, presents a unique investment opportunity in Iowa City, Iowa. Situated on a spacious 1.69-acre lot at the corner of Camp Cardinal Boulevard and Kennedy Parkway, this single-tenant property boasts a prime location within a thriving development corridor. The building features a welcoming canopied entrance and an impressive reception/lobby area, perfect for creating a professional and inviting atmosphere. The interior layout includes multiple examination rooms or private offices, adaptable to various medical or traditional office uses. A partial basement provides ample space for mechanical equipment and storage. The property offers convenient access to Interstate 80 and State Highway 218, ensuring easy commutes for both staff and clients. With 25 total parking spaces, ample parking is readily available. This property is currently available for sale or lease and is ideally suited for a medical practice seeking a well-appointed and conveniently located space, or for conversion to a traditional office setting. Located in Johnson County, Iowa, with a 52246 zip code, this property offers a blend of functionality, accessibility, and aesthetic appeal in a highly desirable area. The park-like setting adds to the overall appeal and creates a tranquil environment for both patients and employees.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $530,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $550,000
- 6.5%
- $510,000
- 7%
- $470,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $567,000
Market price range: $195k - $568k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $510,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $785,000 Change: +55% Conversion: Difficult
- RETAIL STORES
- $675,000 Change: +33% Conversion: Easy
- OFFICE BUILDING
- $555,000 Change: +9% Conversion: Easy
- WAREHOUSE, STORAGE
- $480,000 Change: -6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.603
- Latitude
- 41.6688
- CBSA code
- 26980
- CBSA name
- IOWA CITY, IA METROPOLITAN STATISTICAL AREA
