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Financial
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Property profile

1275 Hwy 1st W Iowa City, IA 52246

OFF-MARKET
Other commercial real estate
Property ID
US25-2342065
11,973 SF 2.32 ac lot Built 2017
Last sale Dec 2015 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail/office space located along heavily traveled Highway 1 in Iowa City, within a newer mixed-use development. It provides 3,867 square feet of interior space and is accessed via a signalized intersection, with an on-site parking area. The location offers storefront frontage along the highway suitable for retail and office uses, with signage opportunities visible from the roadway.

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?
$83k
Tax billed · 2023
Assessed value · 2024$2.34M
Assessed land$681k
Assessed improvement$1.66M
Effective rate3.54%

Value estimate

· Oct 2026
$1.52M
$1.36M – $1.67M
CAP approach$1.42M
Submarket $/SF estimate$1.58M

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Supply25.8
Dental Office23.7
Law Firm23.6

Location

1275 Hwy 1st W Iowa City, IA 52246-0003
County assessor Recorded deeds · 2 transfers 3 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
37 Commercial, Iowa City, IA 52246-5801 $1,325,000 Oct 2024 20,555 SF
830 Riverside, Iowa City, IA 52246 $2,850,000 Aug 2024 17,982 SF
5 Sturgis Cor, Iowa City, IA 52246-5602 $725,000 Sep 2023 9,236 SF
115 Hwy 1st W, Iowa City, IA 52246-4201 $700,000 Jun 2023 11,180 SF
2220 Mormon Trek, Iowa City, IA 52246-4435 $2,250,000 Jan 2022 16,378 SF
640 Hwy 1st W, Iowa City, IA 52246-4229 $1,850,000 Nov 2020 8,414 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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