25 Acres m/l on E Foster Rd, IowaCity, IA 52245

Property Description

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.