2350 Landon Rd North Liberty, IA 52317-6508
This exceptional 4.96-acre commercial land parcel, located at 2350 Landon Road in North Liberty, Iowa (zip code 52317), presents a unique investment opportunity. Situated in the Liberty Executive Park, this property boasts unparalleled visibility from Interstate 380, experiencing traffic exceeding 57,000 vehicles daily. Convenient access is provided by two I-380 interchanges, one at Penn Street and another at Forevergreen Road. The property is zoned C-3, offering flexibility for a variety of commercial developments. Its prime location is further enhanced by its proximity to established businesses, including the GreenState Credit Union corporate headquarters and processing center (formerly UICCU), a 50,000 square foot GEICO Insurance office, Corridor Dental, and the Corridor Business Journal offices. The City of North Liberty offers Tax Increment Financing (TIF) incentives, making this an even more attractive proposition for developers. The APN for this property is 0615105001. This shovel-ready lot is priced at $853,427 and represents a significant opportunity to capitalize on the thriving commercial landscape of North Liberty. The property is located in Johnson County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.