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Commercial Land at Signalized Corner
For Sale
$2,950,000

605 2nd St, Coralville, IA 52241

C-PUD2/C2-zoned development site with utilities in place and a concept supporting retail or commercial space below residences.

Property SizeContact for details
Days on Market256

Property Features for 605 2nd St

General Information

Standard status Active
Property subtype Lot-Land
Zoning C-PUD2 / C2

Taxes and HOA fees

Annual Taxes $42,772

Amenities

Cleared
Irregular
2.22
CountyRoad,Paved,Highway
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Cole Breitbach
Source: Pinnaclerealtyia
Added: Feb 9 Changed: Oct 21 Last Checked: Oct 23 at 6:26AM

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 GLD Commercial Real Estate Advisors

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2.2-acre commercial land parcel is positioned at 605 2nd Street, at the intersection of Hwy 6 and 6th Ave. The site carries C-PUD2/C2 zoning and is planned around a mixed-use configuration with first-floor retail or commercial space and five floors of condominium or apartment residences above.

The property occupies a hard corner controlled by a traffic signal, with a 2022 daily traffic count of 25,600 vehicles in front of the site. All utilities are available to the property. A Phase II site assessment has been completed, and city requirements are included in the associated addendum.

Key Highlights

  • 2.2‑acre commercial development parcel at 605 2nd Street
  • C‑PUD2/C2 zoning supports first‑floor retail or commercial uses with five residential floors above
  • Hard corner with a traffic light at Hwy 6 and 6th Ave

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility HVAC Service Garden Center Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

852
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - C-PUD2/C2-zoned development site with utilities in place and a concept supporting retail or commercial space below residences.
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: 2.2‑acre commercial development parcel at 605 2nd Street; C‑PUD2/C2 zoning supports first‑floor retail or commercial uses with five residential floors above; Hard corner with a traffic light at Hwy 6 and 6th Ave
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