Financial
Distress signals
Property profile

1650 Willow Creek Dr Iowa City, IA 52246

FOR LEASE
Commercial land
Property ID
US25-2355856
1.32 ac lot
Last sale Jul 2024 · $230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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

A flex commercial property with adaptable bays designed to support either office or warehouse use, featuring configurable demising options that allow suites to be arranged to match tenant requirements. Listed configurations include suites ranging from 1,500 to 4,500 square feet, with central air and concrete interior construction, and parking located in front of the bays. The property is situated on Willow Creek Dr in Iowa City, with access to nearby major roadway connections including Highway 1 and the I-380 south interchange with Highway 1.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$4k
Tax billed · 2023
Assessed value$169k
Assessed land$169k
Effective rate2.08%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 144,200.00% cap applied$20k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
144,200.00%
$20k 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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.7
Dental Office11.9
HVAC Service9.8

Location

1650 Willow Creek Dr Iowa City, IA 52246
County assessor Recorded deeds · 1 transfer Comp sales · not on file 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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