Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2180 Norcor Ave D Coralville, IA 52241

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Modern Coralville office, ideal location.

    Property Features for 2180 Norcor Ave D

    General Information

    Property type
    Office properties & Spaces

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    Chris Boddicker

    Listing Agency: Urban Acres Real Estate Corridor Listing Agent: Chris Boddicker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional office space, located at 2180 Norcor Ave D #203 in Coralville, Iowa, presents a fantastic opportunity for businesses seeking a prime location. While the exact square footage is currently unavailable, this unit is situated within a well-maintained building in the vibrant city of Coralville. The property is conveniently located, offering easy access to major transportation routes and amenities. The address is specifically 2180 Norcor Ave D #203, ensuring precise location identification. This office space is perfect for a variety of businesses, offering a professional and efficient workspace. The property sits on a 0-acre lot, indicating a convenient and manageable footprint. The building itself is well-maintained and offers a modern aesthetic. Further details regarding specific features and amenities are currently being finalized and will be made available shortly. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The asking price is currently being determined and will be disclosed upon request. This is an excellent chance to establish a presence in a thriving Coralville business community. Don't miss out on this chance to secure your ideal office space. Contact us today to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office properties & Spaces

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.58744
    Latitude
    41.70353

    Nearby Similar for Sale

    • $2,495,000
      8,576 SF

      Coralville Commercial Land for Development

      1.39 acres of C2 and I2 zoned land for development.
      302 2Nd St, Coralville, IA 52241
      View Details
    • $6,450,000
      3,500 SF

      Coralville Commercial Property with Upside

      Short-term and commercial rental property with income potential in Coralville.
      320 2Nd St, Coralville, IA 52241
      View Details
    • $5,139,200
      1.82 Acres

      Class A Office Building

      Three-story office building in Coralville's Town Square complex.
      520 10Th Ave, Coralville, IA 52241
      View Details
    • $6,450,000
      19,786 SF

      Multi-Family and Commercial Property

      Mixed-use property with residential and commercial potential in Coralville, Iowa.
      320 2Nd St, Coralville, IA 52241
      View Details
    • $2,400,000
      2.32 Acres

      Coralville Office Condo Investment

      Top floor commercial condo with long-term tenants in Coralville.
      327 2Nd St, Coralville, IA 52241
      View Details
    • $2,500,000
      2.32 Acres

      Commercial Condo in Coralville Strip

      Multi-tenant commercial condo with immediate cash flow in prime location.
      327 2Nd St, Coralville, IA 52241
      View Details
    • $495,000

      Coralville Office Space For Sale

      5300 sqft office space available in Coralville, Iowa.
      2000 James St, Coralville, IA 52241
      View Details
    • $275,000
      Pending

      Coralville Duplex Investment Opportunity

      Duplex in Coralville, leased, generating immediate income.
      1446 Eastview Dr, Coralville, IA 52241
      View Details
    • Contact for pricing
      21,008 SF

      Professional Office Space in Coralville

      Former CIVCO office space available in January 2025.
      2301 Jones Blvd, Coralville, IA 52241
      View Details
    • Contact for pricing

      Coralville Duplex Investment Opportunity

      Fully rented duplex in Coralville with long-term leases.
      2102-2103 10Th Street Pl, Coralville, IA 52241
      View Details
    • Contact for pricing
      2,911 SF

      Professional/Medical Office or Retail Space

      Highly visible spaces in a medical and retail concentrated area.
      2791 Heartland Dr, Coralville, IA 52241
      View Details
    • Contact for pricing
      2,831 SF

      Coralville Commercial Space Available

      Highly visible professional, medical, or retail spaces for sale.
      2791 Heartland Dr, Coralville, IA 52241
      View Details

    FAQs

    What type of property is this?
    Office property - Modern Coralville office, ideal location.
    Where is this office property located?
    The property is located at 2180 Norcor Ave D Coralville, IA.
    (319) 351-1111
    Request Owner's contact information
    2180 Norcor Ave D Coralville, IA 52241
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2180 Norcor Ave D
    Coralville, IA 52241
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2180 Norcor Ave D Coralville, IA 52241
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Boddicker
    (319) 351-1111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!