Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2698 Reservoir NW Dr, Unit 5 North Liberty, IA 52317-6500

    • Flex space
    • 1,508 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US25-2312030
    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.

    Current Use by Public Records

    • Anderson Electric / Electrician
    • Baxter Construction Inc / Home Builder
    • Golden Gutters / Construction Company
    • Tecnia Structure / Corporate Office
    • Skogman Remodeling and Repair / Remodeler / General Contractor

    Property Details for 2698 Reservoir NW Dr

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    1,508 SF
    Property type
    Flex space
    APN
    322377005
    APU
    322377005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $355,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $310,000
      Mixed-Use
      $345,000
      Hospitality
      $350,000
      Educational
      $310,000
      Residential Income
      $390,000
      Energy
      $360,000
      Income-Based Land
      $300,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    North Liberty
    County
    Johnson
    State
    Iowa
    Longitude
    -91.6496
    Latitude
    41.8051
    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
    $2,916
    $10,000
    $118,000
    $128,000
    -
    $10,000
    $118,000
    $128,000

    Comparable in this City

    • Value Estimation by Request
      5,600 SF

      2740 Stoner Ct

      LIGHT INDUSTRIAL • 5,600 SF
      2740 Stoner Ct, North Liberty, IA 52317-8526
      View Details
    • Value Estimation
      $410,000
      6,072 SF

      625 240th NE St

      LIGHT INDUSTRIAL • 6,072 SF
      625 240th NE St, North Liberty, IA 52317-7301
      View Details
    • Value Estimation
      $515,000
      18,572 SF

      2 Lions Dr

      LIGHT INDUSTRIAL • 18,572 SF
      2 Lions Dr, North Liberty, IA 52317-9575
      View Details
    • Value Estimation
      $8,205,000
      1,300 SF

      980 Penn St

      LIGHT INDUSTRIAL • 1,300 SF
      980 Penn St, North Liberty, IA 52317-9524
      View Details
    • Value Estimation
      $245,000
      1,295 SF

      2698 Reservoir NW Dr, Unit 11

      LIGHT INDUSTRIAL • 1,295 SF
      2698 Reservoir NW Dr, North Liberty, IA 52317-6500
      View Details
    • Value Estimation
      $270,000
      1,237 SF

      2698 Reservoir NW Dr, Unit 4

      LIGHT INDUSTRIAL • 1,237 SF
      2698 Reservoir NW Dr, North Liberty, IA 52317-6500
      View Details

    Similar Nearby for Sale

    • $853,427
      4.96 Acres

      Landon Road Commercial Land - North Liberty

      4.96 Acres, I-380 Visibility, TIF Incentives
      2350 Landon Rd, North Liberty, IA 52317
      View Details
    • $4,223,568
      6.06 Acres

      Redhawk Subdivision Commercial Lot

      6.06-acre commercial land in Coralville, IA
      0 Redhawk St, Coralville, IA 52317
      View Details
    • $250,000

      North Liberty Commercial Land Investment

      Prime Commercial Land, High Traffic Area.
      725 Highway 965, North Liberty, IA 52317
      View Details
    • $275,000
      1,904 SF

      Multi-Family Duplex in Iowa

      Two-story duplex property, leased through July 2026, tenant-paid utilities.
      455/457 Heritage Pl, North Liberty, IA 52317
      View Details
    • $275,000
      1,616 SF

      Multi-Family Property in Iowa

      Multi-family property for sale, leased through July 2026.
      425/427 Heritage Pl, North Liberty, IA 52317
      View Details
    • $92,900
      0.30 Acres

      Residential Land in Greenbelt Trail

      Residential lots in Greenbelt Trail, completion estimated mid-November 2025.
      78 Greenbelt Trl, North Liberty, IA 52317
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      3,777 SF

      Versatile Space Near I-380

      Warehouse, flex, or showroom space with ample parking and visibility.
      2810 Stoner Ct, North Liberty, IA 52317
      View Details
    • $6,098 /Mo
      126,324 SF

      Land Lease Opportunity Near I-380

      Commercial/industrial land for lease near I-380, build-to-suit opportunity.
      2740 Stoner Ct, North Liberty, IA 52317
      View Details
    • $20 SF/Yr
      8,633 SF

      North Liberty Retail Space for Lease

      Prime Retail Space, High Visibility, Drive-Thru
      680 Meade Dr, North Liberty, IA 52317
      View Details
    • $20 SF/Yr

      North Liberty Retail Space Available

      Prime North Liberty retail space with drive-through; flexible lease options.
      680 Meade Dr, North Liberty, IA 52317
      View Details
    • $10 SF/Yr
      4,000 SF

      North Liberty Retail Space Available

      Versatile 4,000 SF suite in high-visibility retail center.
      710 Pacha Pkwy, North Liberty, IA 52317
      View Details
    • $16 SF/Yr
      1,444 SF

      Freestanding Retail Building with Pickup

      Stand-alone commercial building in active retail corridor with pickup window.
      723 Pacha Pkwy, North Liberty, IA 52317
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2698 Reservoir NW Dr, Unit 5
    North Liberty, IA 52317-6500
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.