Property profile

2253 Old Hwy 218th S Iowa City, IA 52246

OFF-MARKET
Commercial real estate
Property ID
US25-1900035
30,715 SF 2.4 ac lot Built 1959
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Construction STEEL FRAME
Total area 30,715 SF
Lot 2.4 ac (104,544 SF)
APN 1021477002
UPID US25-1900035

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bowling Alley
  • Atm

Location

2253 Old Hwy 218th S Iowa City, IA 52246-5874
Iowa City metro Census 10401 IOWA CITY, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$855k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

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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