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1195 Sadler Dr North Liberty, IA 52317 Land - Commercial Active

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Description

Rare land development opportunity in the middle of North Liberty. Great location-close to the new UIHC, grocery stores, restaurants and schools. Multi-family land 4.5 acres, currently zoned RM8. The City of North Liberty has indicated they would allow the property to be rezoned higher density with a minimum of 53 units ($14,132/door!). Buyer could work with the City to possibly rezone to allow more units. Gas and electric are present on the property, City water and sewer are present on adjoining property. Property consists of 2 parcels. Property is in a PAD. Steel utility building, 26' x 40', 1040sqft will remain intact-great place to store equipment while developing the property. Not ready to develop-buy this now to hold for long term value! Owner is ONLY responsible for improvements within property lines-Ashley Ct outside of property lines is the responsibility of the City of North Liberty. Please see document from P&Z acknowledging this agreement.

Property Highlights

Property Type: Land - Commercial
Total Acres: 4.50 Acres
Zoning: RM8

General Information

County: Johnson
High School: Liberty High School
Listed By:
Pinnacle Realty 319-440-7245 Christine Wohlford-Lenane
ICAAR MLS
$724,900
Est. $4,558/mo
Active
LOT SIZE 4.500 acres MLS#202601107
STATUSActive PROPERTY TYPELand - Commercial

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Ruhl&Ruhl Realtors
563.441.1776

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1195 Sadler Dr, North Liberty, IA 52317.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $724,900$724,900$724,900
Down Payment $144,980$25,372$181,225
Monthly Mortgage Amount $3,338$4,154$4,335
Taxes $1009$1009$1009
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$319$0
Monthly Estimated Total $4,558$5,693$5,555

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About this area

Iowa/North Liberty
North Liberty

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The city of North Liberty is located just north of Coralville and Iowa City and south of Cedar Rapids.

As of the 2010 census, the population of North Liberty was 13,374 people. From the years of 2000-2010, North Liberty has been the second fastest growing town in Iowa. Continue browsing this page to see all real estate options and houses for sale in North Liberty, IA. North Liberty is located outside of Iowa City. View homes for sale in the Iowa City area for more real estate options.

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Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111

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