85 Sugar Creek Ln, NorthLiberty, IA 52317
Johnson County
Key Facts
Description
Fully Leased Mixed-Use Investment | 13 Units | Prime Location. Outstanding opportunity to acquire a turnkey mixed-use investment property offering a diversified income stream and 100% occupancy. This well-positioned asset features 4 street-level commercial units and 9 residential apartments, including 8 second-floor units and 1 ADA-compliant first-floor unit. The commercial spaces are leased to tenants with solid operating histories, ensuring dependable cash flow. The residential units are fully leased and well-maintained, with strong rental demand and minimal vacancy history. Great opportunity with high-traffic area with strong visibility and easy access, featuring a diverse tenant mix reduces risk exposure. This is a excellent 1031 exchange candidate. Detailed financials and rent roll available upon request.
Property Information
Property Type
Commercial Sale
Year Built
1994
Lot Size
0.68 acres
Lot Dimensions
180 x 165
Zoning
C - Commercial Mixed
MLS® Listing#
202602622
Property Features
Cooling
Heating
Flooring
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Garner
- Middle:
- NorthCentral
- High:
- LibertyHighSchool
Financial Details
Annual Taxes
$38,670
Tax year 2024
Parcel Number
0613211002
Directions
Highway 965 to west on Zeller Street, south on Sugar Creek Lane. First building on right.
Affordability Calculator
$440,000
Estimated monthly payment
$11,709/mo
Principal $1,760,000 · Est. interest $2,455,357 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in NorthLiberty, IA
- $429,545
- Median Listing Price
- 76
- Median Days on Market
- 2,356
- Median Sq Ft
- $185
- Median Price / Sq Ft
- 115
- Active Listings
- This home’s price is 412% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in NorthLiberty, IA.
Location
Points of Interest in NorthLiberty, IA
Showing the NorthLiberty area map.
Nearby Schools
Montessori Children's Garden
Elementary · 0.5 mi away
Buford Garner Elementary School
Elementary · 0.5 mi away
North Bend Elementary School
Elementary · 0.6 mi away
Frog Hollow Kid Campus
School · 0.7 mi away
Penn Elementary School
Elementary · 0.8 mi away
Education Station
School · 1.0 mi away
Champions at Christine Grant Elementary
Elementary · 1.1 mi away
Liberty High School
Secondary · 1.1 mi away
Education Station Child Development Center
School · 1.3 mi away
Van Allen Elementary School
Elementary · 1.3 mi away
North Central Junior High School
Secondary · 1.6 mi away
Heritage Christian School
School · 1.9 mi away
Ui Health Care
School · 3.0 mi away
Purple Bloom School
School · 3.1 mi away
Wickham Elementary
Elementary · 3.1 mi away
Clear Creek Amana School
School · 3.1 mi away
Hillside Christian School
Secondary · 3.9 mi away
Montessori School
Elementary · 4.0 mi away
Clear Creek Amana Middle School
Secondary · 4.0 mi away
Tiffin High School Baseball Field
Secondary · 4.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Diamond Bouleivard Lot 5, NorthLiberty, IA | $1,639,605 | — | — | — |
| Diamond Bouleivard Lot 8, NorthLiberty, IA | $1,671,664 | — | — | — |
| Hendershot Rd, NE, NorthLiberty, IA | $1,700,000 | — | — | — |
| Diamond Bouleivard Lot 6, NorthLiberty, IA | $1,782,330 | — | — | — |
| Diamond Bouleivard Lot 9, NorthLiberty, IA | $1,809,622 | — | — | — |
| Diamond Bouleivard Lot 4, NorthLiberty, IA | $1,827,367 | — | — | — |
Moving Cost Estimate
EXIT Agents in NorthLiberty
Listing Courtesy: Urban Acres Real Estate - 3193511111
Presented by: Sean McIntyre