Property profile

5 Lions Dr North Liberty, IA 52317

OFF-MARKET
Medical Office Space
Property ID
US25-2297588
12,515 SF 0.8 ac lot Built 1997
Individually Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 12,515-square-foot medical office complex in North Liberty, Iowa, is available for $2,500,000. Located at 5 Lions Dr, 52317, this property boasts a prime location on Hwy #965, enjoying high visibility with 14,100 cars passing daily. Built in 1997, the building features a well-designed layout including over 35 offices, conference rooms, work areas, a reception area, and physical therapy spaces. Currently configured for use as two suites (approximately 8,500 sq ft and 4,030 sq ft), it offers flexibility for various medical practices. The property sits on a lot ranging from 1 to 5 acres, with ample parking (84 spaces). The building is in excellent condition and can be vacated within 60 days. Utilities include cable TV, electricity, natural gas, sewer, telephone, underground utilities, and city water. The HVAC system includes central air conditioning and forced-air gas heating. Flooring consists of carpet, ceramic tile, and vinyl tile. The building features a sprinkler system, brick and frame construction, and a composition roof. The property is zoned C-2-A. Tax ID is 0613454002 (2020 tax report shows $71,961). Lot dimensions are 225x345 feet, with county/city road pavement frontage. An adjacent 3,723 sq ft building is also available for purchase

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1997
Construction WOOD
Total area 12,515 SF
Lot 0.8 ac (34,664 SF)
APN 613454002
UPID US25-2297588

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

5 Lions Dr North Liberty, IA 52317-9575
North Liberty metro Census 10304 IOWA CITY, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
$802k
Blend (final) Blend
$645k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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