Property summary
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
VerifiedCap rate & NOI
Current use
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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