4172 Alyssa CtIowa City, IA 52240

Property Details for 4172 Alyssa Ct

Year built

1999

Construction

STEEL FRAME

Lot size

1.33 AC

Property size (Sq ft)

16,890 SF

Property type

Retail space

APN

1020380001

APU

1020380001

Description

This exceptional Iowa City property, located at 4172 Alyssa Ct, offers 16,890 total square feet of versatile commercial space, ideal for a variety of businesses. The building, constructed in 1999 and classified as Class B, features a single-story design with a ceiling height ranging from 15 to 20 feet. Currently, 5,644 square feet of space is immediately available for lease, with a minimum divisible space of 5,644 square feet and a maximum contiguous space of 5,644 square feet. The property includes three suites in total, situated on a 1.33-acre lot (57,934 square feet) and zoned for commercial use. Amenities include fully built-out office space, a spacious warehouse area with a 14-foot overhead door, mezzanine storage for added capacity, and ample paved off-street parking. Its prime location in Iowa City, known for its strong educational and healthcare sectors and proximity to the University of Iowa, offers excellent accessibility. Convenient access to Interstates 80/380 and Highway 218 ensures seamless transportation. The Johnson County property (APN: 1020380001) is perfect for businesses seeking immediate occupancy. The property is categorized as Office, Industrial, with subtypes including Warehouse, Traditional Office, Creative Office, and Distribution.

• CAP approach

  CAP return

  Valuation

  6%

  $6,642,600

  6.5%

  $6,131,630

  7%

  $5,693,657

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,318,196

  Geo Method

  $3,318,196

• Alternative Use

  Use

  Valuation

  Residential

  $5,172,260

  Hospitality

  $4,737,762

  Educational

  $3,941,762

  Medical

  $4,077,326

  Retail

  $6,131,630

Location Insight

City

Iowa City

County

Johnson

State

Iowa

Latitude

41.629

Longitude

-91.5705

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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