Entity Owned Property summary
This exceptional Class A office building, located at 2839 Northgate Dr in Iowa City, IA, presents a compelling investment opportunity. The property encompasses 26,093 square feet on a 3.83-acre lot and features a single tenant, Shive-Hattery, a prominent architecture and engineering firm, under a triple-net (NNN) lease. The lease commenced December 1st, 2024, and extends for three years, ensuring a stable income stream. The building, constructed in 1999 and renovated in 2024, boasts a grand… entryway, luxurious conference rooms, a modern break room, and ample parking (161 spaces, a 17:1,000 SF ratio). A rear loading dock enhances operational efficiency. The property's high-quality finishes and amenities reflect its Class A designation. The asking price is $4,500,000, representing a 9.85% capitalization rate. The property is zoned C-Commercial, offering flexibility for future development. The building's recent roof replacement further enhances its value and reduces future maintenance costs. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable Iowa City location with a strong, long-term tenant.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 26,093 SF
- Lot area
- 3.86 ac
- Year built
- 1999
- Stories
- 1
- APN
- 736451008
- Assessed value · 2024
- $4,172,570
- Annual tax · 2023
- $149,778
- Retail Stores
- Office Building
- Commercial (general) · current use
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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