Commercial Development Land with Hard
For Sale
$2,950,000
605 2nd St, Coralville, IA 52241
COMMERCIAL - Coralville, IA
Property SizeContact for details
Lot Size2.22 Acres
Days on Market188
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 4
Last Checked: Aug 16 at 11:06PM
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 offering is a 2.22-acre commercial development parcel at 605 2nd Street. The land is zoned C-PUD2/C2 and is supported by an attached concept plan for first-floor retail/commercial uses with five floors of condo/apartments above. All utilities are to the site, and a Phase II site assessment has been completed and provided in the associated documents, with City requirements noted in an addendum.
The site sits on a hard corner with a traffic light along Hwy 6 at 6th Ave. The 2022 daily traffic count in front of the property is 25,600 vehicles per day, supporting convenient access for retail-oriented uses.
For developers and operators looking for a mixed-use format, this parcel offers an established zoning framework and provided pre-development documentation, including the Phase II assessment and concept plan. The combination of utilities availability, signalized corner access, and the C-PUD2/C2 zoning alignment can help streamline early planning for a retail component with residential units above.
The site sits on a hard corner with a traffic light along Hwy 6 at 6th Ave. The 2022 daily traffic count in front of the property is 25,600 vehicles per day, supporting convenient access for retail-oriented uses.
For developers and operators looking for a mixed-use format, this parcel offers an established zoning framework and provided pre-development documentation, including the Phase II assessment and concept plan. The combination of utilities availability, signalized corner access, and the C-PUD2/C2 zoning alignment can help streamline early planning for a retail component with residential units above.
Key Highlights
- 2.2 acres of commercial development land on the Coralville Strip at 605 2nd Street (Hwy 6 at 6th Ave).
- Zoned C‑PUD2/C2 with concept plan for first‑floor retail/commercial and 5 floors of condo/apartments above.
- Hard corner location with traffic light; 2022 daily traffic count of 25,600 cars per day in front of the site.
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Mixed-use development land with utilities available and a signalized corner location on Hwy 6 in Coralville.
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 acres of commercial development land on the Coralville Strip at 605 2nd Street (Hwy 6 at 6th Ave).; Zoned C‑PUD2/C2 with concept plan for first‑floor retail/commercial and 5 floors of condo/apartments above.; Hard corner location with traffic light; 2022 daily traffic count of 25,600 cars per day in front of the site.
