Property profile

1203 Highland Ct Iowa City, IA 52240

OFF-MARKET
Commercial real estate
Property ID
US25-1436324
9,600 SF 0.43 ac lot Built 1966
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1966
Construction STEEL FRAME
Total area 9,600 SF
Lot 0.43 ac (18,687 SF)
APN 1015431001
UPID US25-1436324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1203 Highland Ct Iowa City, IA 52240-4521
Iowa City metro Census 1700 IOWA CITY, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.28M
CAP Approach CAP
$1.14M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.50M

Owner & transaction history

since 2020
Last sale
$1.0M
2 recorded transactions
2020
$1.0M
2013
$400,000

Zoning & alternative use

Top alternative use upside
Retail stores $1.5M +66.6%
Office building $1.2M +36.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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