Financial
Distress signals
Property profile

2222 Heinz Rd Iowa City, IA 52240

FOR LEASE
Commercial real estate
Property ID
US25-2215432
34,034 SF 3 ac lot Built 1998
Last sale Mar 2023 · $2,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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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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.

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?
$72k
Tax billed · 2023
Assessed value · 2024$2.04M
Assessed land$165k
Assessed improvement$1.88M
Effective rate3.52%

Value estimate

· Sep 2026
$1.99M
$1.79M – $2.19M
Submarket $/SF estimate$1.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$94/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$52 – $163

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: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant23.3
Law Firm19.5
Dental Office18.8

Location

2222 Heinz Rd Iowa City, IA 52240
County assessor Recorded deeds · 1 transfer Qualifying 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1207 Highland, Iowa City, IA 52240-4521 $1,200,000 Jan 2026 8,000 SF
985 Hwy 6th E, Iowa City, IA 52240-6501 $5,000,000 Dec 2024 12,896 SF
611 Southgate, Iowa City, IA 52240-4462 $725,000 Mar 2024 9,600 SF
390 Highland, Iowa City, IA 52240-4511 $368,060 Feb 2024 13,660 SF
3825 Liberty, Iowa City, IA 52240-8104 $1,595,000 Oct 2022 30,000 SF
2881 Independence, Iowa City, IA 52240-8171 $2,525,000 Sep 2022 24,581 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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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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