Price: $6,500,000 - MLS: 202405320
1.65 acres in a prime LOCATION; just 7 blocks from the Old Capitol building, the core of downtown Iowa City & the center of the University of Iowa campus. It's priced at $6,500,000; approx $91 per foot for land cost. It is comprised of two lots plus the former CRANDIC Railroad ROW which has been abandoned & included with this site. It is in the Riverfront Crossings District with a form-based zone code allowing appropriate housing densities & parking requirements. There is currently a single-story commercial / office building on this site. The lot and building directly to the north, 804 S. Capitol St, are not included in this offering but is listed for sale & can be added to complete a nice building site. The price of 804 Capitol is $1,000,000. The value of this offering is in the land for future development & the pricing compares well with other parcels that have been developed & are under development near this site & also in the Riverfront Crossing District.
MLS #: 202405320
Price: $6,500,000
Lot Size: One To Two Acres
Acreage: 1.65
Lot Dimensions: 90 x 105
Potential Use: Commercial, Office, Other
Zoning: CI-1
Other Structures: Other
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, City Water
Frontage: County Road, Paved
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Jeff Edberg - Information furnished by Iowa City Area Association of Realtors