2610 Northgate Dr Iowa City, IA 52245-9564
Property profile & analytics
2610 Northgate Dr Iowa City, IA 52245-9564
- Commercial real estate
- 58,007 SF
- 7.52 lot acres
Property ID
US25-2247472
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Marsh / Insurance Agency
- Mercer Administration / Insurance Agency
- Dumpster Time / General Contractor / Waste Management Facility
- Landmark Health / Medical Group
Property Details for 2610 Northgate Dr
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 7.52 lot acres
- Property size
- 58,007 SF
- Property type
- Commercial real estate
- APN
- 736303005
- APU
- 736303005
Description
This exceptional 57,453-square-foot office building is available for purchase at $3,900,000 ($67.88/sq ft). Strategically located at 2610 Northgate Drive in Iowa City, Iowa (zip code 52245), this property enjoys a highly convenient location just off the N Dodge Street exit of Interstate 80. The building boasts a wealth of amenities designed for both employee comfort and operational efficiency. These include a dedicated employee center, providing a comfortable and productive workspace for staff. A backup generator ensures business continuity during power outages, while a secure server room safeguards valuable data. Ample parking is available on-site, addressing the parking needs of employees and visitors. Currently, a tenant occupies the lower level of the building, providing a stable income stream. The building's proximity to a variety of hotels, restaurants, and retail establishments further enhances its appeal and provides convenience for occupants and visitors. This presents a unique opportunity to acquire a well-maintained and strategically located office building in a thriving Iowa City market. The property is situated in Johnson County, Iowa, and its address is 2610 Northgate Drive. The building's traditional office layout is ideal for a variety of businesses.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,420,000
- 6.5%
- $6,845,000
- 7%
- $6,360,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,298,000
- AI Estimate
- $6,629,000
Market price range: $3.74M - $11.9MMarket price range: $3.50M - $12.9M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $6,870,000 Current use
- RETAIL STORES
- $9,125,000 Change: +33% Conversion: Easy
- OFFICE BUILDING
- $7,480,000 Change: +9% Conversion: Easy
- WAREHOUSE, STORAGE
- $6,445,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.4943
- Latitude
- 41.6905
- CBSA code
- 26980
- CBSA name
- IOWA CITY, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$348,928
$1,679,800
$5,858,500
$7,538,300
-
$1,679,800
$5,858,500
$7,538,300
