850 S Capitol St Iowa City, IA 52240
Estimated payment $42,196/month
Total Views
17,959
1.65
Acres
$3,939,394
Price per Acre
71,874
Sq Ft Lot
Highlights
- Commercial or Retail Space
- Level Lot
- 4-minute walk to Riverfront Crossings Park
- City High School Rated A-
About This Lot
The value of this offering is in the land for future development and the pricing compares well with other parcels that have been developed and are under development near this site and in the Riverfront Crossing district. More information on the Riverfront Crossings development plan is available on the City of Iowa City website at: .
Property Details
Property Type
- Land
Est. Annual Taxes
- $75,576
Lot Details
- 1.65 Acre Lot
- Lot Dimensions are 90 x 105
- Property fronts a county road
- Level Lot
- Open Lot
- Property is zoned CI-1
Home Design
- Commercial or Retail Space
Utilities
- Internet Available
- Cable TV Available
Community Details
- County Seat Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 1015259002 and 1015280001
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $75,576 | $2,133,940 | $875,000 | $1,258,940 |
2023 | $68,830 | $2,133,940 | $875,000 | $1,258,940 |
2022 | $65,584 | $1,981,140 | $875,000 | $1,106,140 |
2021 | $65,480 | $1,981,140 | $875,000 | $1,106,140 |
2020 | $65,480 | $1,979,260 | $875,000 | $1,104,260 |
2019 | $62,194 | $1,979,260 | $875,000 | $1,104,260 |
2018 | $62,194 | $1,876,130 | $625,000 | $1,251,130 |
2017 | $58,240 | $1,876,130 | $625,000 | $1,251,130 |
2016 | $58,460 | $1,768,500 | $375,000 | $1,393,500 |
2015 | $58,460 | $1,768,500 | $375,000 | $1,393,500 |
2014 | $54,058 | $1,617,610 | $312,500 | $1,305,110 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/12/2025 05/12/25 | For Sale | $6,500,000 | -- | -- |
Source: Iowa City Area Association of REALTORS®
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $1,500,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,975,000 | Commercial | |
Closed | $1,680,000 | Future Advance Clause Open End Mortgage | |
Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Source: Iowa City Area Association of REALTORS®
MLS Number: 202503150

APN: 1015259002
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