25 Acres m/l on E Foster Rd, Iowa City

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Price: $3,500,000 - MLS: 202605484

Rare development opportunity just 2 miles north of downtown Iowa City and the University of Iowa! 25-acres M/L. This will include the 7 parcels of frontage (4 rentals, 2 vacant lots & 1 non habitable duplex. Great location with convenient access to campus, I-80, and all that Iowa City has to offer. The property features wooded terrain, residential zoning, and 4 existing multi-unit buildings that are currently rented that may provide interim use or, more likely, be removed as part of a future redevelopment plan. With its size, location, residential zoning, and proximity to major transportation routes, this property offers tremendous potential for a variety of development possibilities. Opportunities like this so close to downtown and the University of Iowa are hard to find! Lots/units will not be sold individually and only as one unit.

      
Directions: East on Foster Rd, properties are located on the North side of the road / BJaysville Ln

Property Details

MLS #: 202605484
Price: $3,500,000
Lot Size: Twenty To Fifty Acres
Acreage: 25.0
Lot Dimensions: Irreg
Potential Use: Residential
Zoning: residential
Other Structures: Residence
Utilities: Electricity Available, Sewer Available, City Water
Frontage: County Road

Information deemed reliable but not guaranteed


Who To Contact

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Tim Lehman

319-331-7900
319-351-3355
tlehman@edge-realtygroup.com
Agent Profile

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Stacy Schroeder, CRS, REALTOR

319-321-7909
319-351-3355
stacy@edge-realtygroup.com
Agent Profile