High-Traffic Highway Commercial
For Sale
$2,550,000
2830 Commerce Dr, Coralville, IA 52241
COMMERCIAL - Coralville, IA
Property SizeContact for details
Lot Size2.93 Acres
Days on Market167
Property Features for 2830 Commerce Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Subdivision
Coralville Pwer CEN
Directions
From Hwy 965 go W on Heartland Dr and continue past the round about. The parcel is to the south of the Heartland Dr and Commerce Dr intersection.
Standard status
Active
APN
0636262002
Lot size
2.93 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
47094
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Jeff Edberg · License #B33730000
(319) 331-6187
Added: Mar 2
Changed: Aug 4
Last Checked: Aug 16 at 10:06PM
MLS# 202601474
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 2.93-acre C2 zoned commercial land parcel is positioned for highway-oriented development, with the site’s configuration shaped by a notable grade change. Public remarks indicate a 30-foot elevation change on the west side, while the east side provides room for a building footprint and parking layout.
The property has I-80 frontage and is described as being just west of Cheddars. Traffic counts provided for the immediate area include 63,700 vehicles per day on I-80 and 15,300 vehicles per day on Commerce Drive along the north frontage, supporting visibility for drive-by customers.
The combination of C2 zoning and the high-volume frontage makes this site well suited for a highway commercial type business that benefits from customer exposure from major roadways. The grade variation may influence site planning, but the available developable area on the east side is specifically highlighted in the seller’s remarks for building and parking.
The property has I-80 frontage and is described as being just west of Cheddars. Traffic counts provided for the immediate area include 63,700 vehicles per day on I-80 and 15,300 vehicles per day on Commerce Drive along the north frontage, supporting visibility for drive-by customers.
The combination of C2 zoning and the high-volume frontage makes this site well suited for a highway commercial type business that benefits from customer exposure from major roadways. The grade variation may influence site planning, but the available developable area on the east side is specifically highlighted in the seller’s remarks for building and parking.
Key Highlights
- 2.93‑acre C2 property with I‑80 frontage.
- Located just west of Cheddars.
- I‑80 traffic count of 63,700 vehicles per day.
Property Analytics
Property Profile
Current Use
Lease Details
63,700 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
690
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 - C2 zoned land with I-80 frontage and strong daily counts, supporting highway commercial retail and related uses.
Where is this commercial land located?
The property is located at 2830 Commerce Dr Coralville, IA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 2.93‑acre C2 property with I‑80 frontage.; Located just west of Cheddars.; I‑80 traffic count of 63,700 vehicles per day.
