Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    125 E Burlington St Iowa City, IA 52240
    Property profile & analytics

    125 E Burlington St Iowa City, IA 52240

    View on Map
    • Commercial real estate
    For Lease
    View Listing →
    Prime Iowa City Retail Space For Lease
    Contact for pricing

    Prime Iowa City Retail Space

    Retail, restaurant, or office space near University of Iowa.

    125 E Burlington St, Iowa City, IA 52240
    View Listing
    Property ID
    US25-0102450
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Caitlin Clark Nike Banner / Resort

    Property Details for 125 E Burlington St

    Property type
    Commercial real estate
    APN
    1010399002
    APU
    1010399002

    Description

    The Edge, a modern 7-story retail building (25,699 total square feet) constructed in 2019, offers two exceptional retail spaces in the vibrant heart of Iowa City, IA. Located at 125 E Burlington St, 52240, this property enjoys a high-traffic location directly adjacent to the University of Iowa campus. Benefit from a diverse customer base including students, university employees, daily shoppers, and residents of the on-site Edge condominiums. The building's strategic position places it in close proximity to the Old Capital Town Center and the Iowa City pedestrian mall, ensuring maximum visibility and accessibility. Two spaces are currently available, ranging from 2,602 to 4,626 square feet. One space is a first-generation shell space, offering complete customization, while the other is a turnkey second-generation space, ideal for immediate occupancy. The versatile second-generation space is suitable for a variety of uses, including restaurants, retail stores, offices, convenience stores, and health/fitness businesses. This space also offers direct access to the Element Hotel, providing additional foot traffic and potential synergies. This is a unique opportunity to establish a thriving business in a dynamic and high-demand location. Contact us today to learn more about these exceptional retail spaces.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.5341
    Latitude
    41.6575
    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
    $38,230
    $83,340
    $907,890
    $991,230
    -
    $83,340
    $907,890
    $991,230

    Comparable in this City

    • Value Estimation by Request

      1 Amber Ln

      COMMERCIAL (GENERAL)
      1 Amber Ln, Iowa City, IA 52240-6773
      View Details
    • Value Estimation by Request

      57 Aniston St

      COMMERCIAL (GENERAL)
      57 Aniston St, Iowa City, IA 52240-2216
      View Details
    • Value Estimation by Request

      2701 Bradford Dr

      COMMERCIAL (GENERAL)
      2701 Bradford Dr, Iowa City, IA 52240-2509
      View Details
    • Value Estimation by Request

      2501 Bradford Dr

      COMMERCIAL (GENERAL)
      2501 Bradford Dr, Iowa City, IA 52240-2553
      View Details
    • Value Estimation by Request

      511 Capitol St

      COMMERCIAL (GENERAL)
      511 Capitol St, Iowa City, IA 52240-1530
      View Details
    • Value Estimation by Request

      2185 Gilbert St

      COMMERCIAL (GENERAL)
      2185 Gilbert St, Iowa City, IA 52240-4300
      View Details

    Similar Nearby for Sale

    • $652,248
      10.30 Acres

      Shovel Ready Industrial Site

      10.3-acre certified industrial site, utilities on site.
      4748 SE 420Th St, Iowa City, IA 52240
      View Details
    • $750,000
      Pending

      Iowa City Organic Farmland Opportunity

      43.83 acres of certified organic farmland near Iowa City.
      Tbd Maier Ave SW, Iowa City, IA 52240
      View Details
    • $7,350,000
      2,484 SF

      Iowa City Multifamily Investment Opportunity

      100-unit cooperative project near amenities and community center.
      1100 Arthur St, Iowa City, IA 52240
      View Details
    • $2,500,000
      4.86 Acres

      Iowa City Commercial Land Available

      4.86 acre commercial land with high visibility.
      34 Escort Ln, Iowa City, IA 52240
      View Details
    • Contact for pricing
      346,062 SF

      Amazon Distribution Building For Sale

      346,062 sq. ft. distribution building fully leased to Amazon.
      2500 Heinz Rd, Iowa City, IA 52240
      View Details
    • $425,000
      2,489 SF

      Four-Unit Rental Property For Sale

      Two-story rental house with four units, leased through August 2027.
      420 N Gilbert St, Iowa City, IA 52240
      View Details

    Similar Nearby for Lease

    • $425 /Mo

      Downtown Iowa City Office Space

      Move-in ready office space with shared amenities in downtown Iowa City.
      332 S Linn St, Iowa City, IA 52240
      View Details
    • $2,260 /Mo

      Downtown Iowa City Office Space

      Move-in ready office space in downtown Iowa City for rent.
      332 S Linn St, Iowa City, IA 52240
      View Details
    • Contact for pricing
      43,560 SF

      Remodeled Commercial Building in IowaCity

      Remodeled commercial building suitable for restaurant, retail, or office.
      1029 S Riverside Dr, Iowa City, IA 52240
      View Details
    • $985 /Mo
      Pending

      Iowa City Commercial Flex Space

      1,200 SF flex space available July 2025.
      3305 Highway 1 SW, Iowa City, IA 52240
      View Details
    • $10 SF/Yr

      Spacious Office with Flexible Layout

      Large office space with private offices and convenient location.
      1700 S 1St Ave, Iowa City, IA 52240
      View Details
    • Contact for pricing

      Iowa City Commercial Condo Unit

      Two-story commercial condo in vibrant downtown Iowa City.
      110 S Dubuque St, Iowa City, IA 52240
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    125 E Burlington St
    Iowa City, IA 52240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    125 E Burlington St, Iowa City, IA, 52240
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!