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3188 NE Hwy 1 Iowa City, IA 52240 • Land - Residential • Active

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Description

154 acres m/l of beautiful gently rolling hillside in Johnson County provides an excellent development opportunity on Hwy 1 just minutes from Iowa City and easy access to I-80. Eastside parcels total approx. 39 acres and westside totals approx. 115 acres. The initial layout is a starting point but is consistent with Johnson County requirements, see Assoc Docs. Buyer/Developer will need to provide interior roads, underground cable & electric runs, wetland distribution & retention basins. Additionally, the proposed plan would need an estimated 3 water wells with pump & connections to the residential lots. Gas & septic systems will be the responsibility of the builder & homeowner. Eastside parcel has some existing outbuildings including a small home and historic barn and a stretch of land that Rapid Creek runs through.

Property Highlights

Property Type: Land - Residential
Total Acres: 154.62 Acres
Zoning: Ag & R

General Information

County: Johnson
High School: City
Listed By:
Lepic-Kroeger, REALTORS Jeff Edberg 319-351-8811
ICAAR MLS
$4,561,290
Est. $30,742/mo
New to the Market Active
LOT SIZE 154.620 acres MLS#202605078
STATUSActive PROPERTY TYPELand - Residential
TOUR PROPERTY

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Agent Name: Sherrie Brady
 Agent Phone: (563) 320-2389
 Agency Title: Ruhl&Ruhl Realtors
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3188 NE Hwy 1, Iowa City, IA 52240.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $4,561,290$4,561,290
Down Payment $159,645$912,258
Monthly Mortgage Amount $27,941$23,064
Taxes $6348$6348
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,737$0
Monthly Estimated Total $38,356$30,742

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