Commercial Development
For Sale
$2,950,000
605 2nd St, Coralville, IA 52241
Land, Coralville, IA
Property SizeContact for details
Lot Size2.22 Acres
Days on Market197
Property Features for 605 2nd St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-PUD2 / C2
Vegetation
Cleared
Subdivision
Coralville Strip
Elementary school
Central
Middle school
Northwest
Directions
At the northwest corner of 2nd St and 6th Ave
Standard status
Active
APN
1005356021 multi
Lot size
2.22 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
42772
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Jeff Edberg · License #B33730000
(319) 331-6187
Added: Feb 9
Changed: Aug 19
Last Checked: Aug 25 at 7:06PM
MLS# 202601046
Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land parcel is positioned for redevelopment under C-PUD2 / C2 zoning. The associated concept plan envisions ground-floor retail or commercial space with five floors of condominium or apartment uses above. Utilities are already extended to the site, and a Phase II site assessment has been completed.
The property is located at 605 2nd Street in Coralville, with frontage along the Coralville Strip near Hwy 6 and 6th Ave. It occupies a hard corner controlled by a traffic signal, and the 2022 traffic count in front of the site was 25,600 vehicles per day. City requirements are provided in the listing addendum.
The property is located at 605 2nd Street in Coralville, with frontage along the Coralville Strip near Hwy 6 and 6th Ave. It occupies a hard corner controlled by a traffic signal, and the 2022 traffic count in front of the site was 25,600 vehicles per day. City requirements are provided in the listing addendum.
Key Highlights
- C‑PUD2 / C2 zoning
- 2022 traffic count of 25,600 vehicles per day
- Signalized hard‑corner location near Hwy 6 and 6th Ave
Property Analytics
Property Profile
Current Use
Lease Details
25,600 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Explore this area
Business Placement
Demographics for 52241, IA
22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C-PUD2 / C2-zoned site with utilities in place and a signalized corner position.
Where is this commercial land located?
The property is located at 605 2nd St Coralville, IA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: C‑PUD2 / C2 zoning; 2022 traffic count of 25,600 vehicles per day; Signalized hard‑corner location near Hwy 6 and 6th Ave
