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Commercial Land Lot
For Sale
$195,040

Lot 3 Merchant St., Coralville, IA 52241

Commercial lot off Highway 6 with city-approved site and building plans required for development.

Property SizeContact for details
Days on Market228

Property Features for Lot 3 Merchant St.

General Information

Standard status Active
Property subtype Lot-Land
Zoning C2

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $42

Amenities

1.99
CountyRoad,Highway
Listing Agency: Fischels Commercial Group
Listed By: Emmaleigh Buck
Source: Pinnaclerealtyia
Added: Jan 22 Changed: Sep 6 Last Checked: Sep 7 at 5:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fischels Commercial Group

Investment Insights

Based on property information with market context.

This is a commercial land lot in a growing area near I-80 and I-380, located on Highway 6. Development requires that site and building plans be approved by the City.

The seller notes that plans must follow Coralville’s West Land Use Area Plan. The listing also specifies that the property fits within the Corridor Commercial land use description, with retail areas characterized by general commercial service uses on collector and arterial streets.

Coralville impact fees have been paid by the seller, and the corridor concept is intended to support commercial retail development within the applicable planning guidance.

Key Highlights

  • 1.99‑acre commercial lot off Highway 6 in a growing area near I‑80 and I‑380
  • County road and highway frontage
  • Site and building plans must be approved by the City, with plans following Coralville’s West Land Use Area Plan

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Garden Center Carpet & Flooring Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial lot off Highway 6 with city-approved site and building plans required for development.
Where is this commercial land located?
The property is located at Lot 3 Merchant St. Coralville, IA.
What is the asking price?
The asking price for this property is $195,040.
What are key features of this property?
This property features: 1.99‑acre commercial lot off Highway 6 in a growing area near I‑80 and I‑380; County road and highway frontage; Site and building plans must be approved by the City, with plans following Coralville’s West Land Use Area Plan
More about this property
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