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    OFF-MARKET Estimated value $645,000
    Medical Office Space

    5 Lions Dr, North Liberty, IA 52317-9575

    12,515 SF 0.8 ac lot Built 1997
    Individually Owned Absentee Owner ~ Est. High Equity
    Property ID
    US25-2297588
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • North Liberty Dialysis Unit Medical Clinic
    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
    GROWTH L C LIBERTY
    GROWTH L C LIBERTY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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