Financial
Distress signals
Property profile

2610 Northgate Dr Iowa City, IA 52245

OFF-MARKET
Commercial real estate
Property ID
US25-2247472
58,007 SF 7.52 ac lot Built 2002
Last sale Sep 2025 · $3,180,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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

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…

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?
$349k
Tax billed · 2023
Assessed value · 2024$7.54M
Assessed land$1.68M
Assessed improvement$5.86M
Effective rate4.63%

Value estimate

· Sep 2026
$6.26M
$5.63M – $6.89M
CAP approach$6.85M
Submarket $/SF estimate$5.30M

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?

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.2
Plumbing Service8.7
Wholesale Shop8.2

Location

2610 Northgate Dr Iowa City, IA 52245-9564
County assessor Recorded deeds · 5 transfers 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
2100 Act, Iowa City, IA 52245-9581 $1,426,000 Apr 2024 47,760 SF
2751 Northgate, Iowa City, IA 52245-9509 $11,000,000 Apr 2022 33,843 SF
2525 Highlander, Iowa City, IA 52245-9287 $3,000,000 Sep 2020 84,190 SF
2943 Northgate, Iowa City, IA 52245-9571 $2,893,500 Mar 2019 11,768 SF
1060 Scott Park, Iowa City, IA 52245-3985 $1,925,000 Oct 2018 36,456 SF
1010 Scott Park, Iowa City, IA 52245-3976 $1,875,000 Oct 2018 36,456 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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