Lot 1 Scarlett Point Subdivision, IowaCity, IA 52240
Scarlett Point Subdivisio · Johnson County
Key Facts
Description
Multi-Family Development Land For 84 Apartments For Sale! Prime Location! Walk to the University of Iowa Campus & Downtown Iowa City! Site plan has City of Iowa City approval for 84 apartments/condos to be built on-site. Building Plans included in the sale. Property ready for construction starting this year, with completion in 2027. Seller will also build to suit for the end user if the Buyer does not want to deal with construction. Ask the Listing Agent for details. Owner is an Iowa Broker.
Property Information
Property Type
Land
Lot Size
3.50 acres
Lot Dimensions
Irregular
Zoning
RM-20
MLS® Listing#
202600139
Property Features
Lot Features
Other Structures
Community
Utilities
Schools
- Elementary:
- Mann
- Middle:
- Southeast
- High:
- City
Financial Details
HOA
None
Parcel Number
0
Directions
North on Governor Street from Brown Street next to Happy Hollow Park
Affordability Calculator
$630,000
Estimated monthly payment
$16,766/mo
Principal $2,520,000 · Est. interest $3,515,624 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in IowaCity, IA
- $357,143
- Median Listing Price
- 68
- Median Days on Market
- 1,793
- Median Sq Ft
- $195
- Median Price / Sq Ft
- 263
- Active Listings
- This home’s price is 782% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in IowaCity, IA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 820 S Riverside Dr, IowaCity, IA | $2,420,000 | — | — | — |
| 13 S Linn St, IowaCity, IA | $2,500,000 | — | — | — |
| 2834 NORTHGATE DR, IowaCity, IA | $2,500,000 | — | — | — |
| 34 Escort Ln, IowaCity, IA | $2,500,000 | — | — | — |
| 1705 BOYRUM ST, IowaCity, IA | $2,650,000 | — | — | — |
| 1029 S Riverside Dr, IowaCity, IA | $2,750,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Barkalow & Associates, Realtors - 3193548644
Presented by: Tracy Barkalow