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Commercial Development Land
For Sale
$2,950,000

605 2nd St, Coralville, IA 52241

Land, Coralville, IA

Property SizeContact for details
Lot Size2.22 Acres
Days on Market235

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
Listed By: Jeff Edberg · License #B33730000
Added: Feb 9 Changed: Sep 25 Last Checked: Oct 2 at 8:06AM
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 commercial land parcel is zoned C-PUD2/C2. A concept plan envisions commercial or retail space on the ground floor, with five floors of condominium or apartment residences above. Utilities are available at the site, and a Phase II site assessment has been completed.

The property is at the junction of Hwy 6 and 6th Ave, on a signalized corner. The 2025 daily traffic count in front of the site is 27,200 vehicles.

Key Highlights

  • Signalized corner at Hwy 6 and 6th Ave
  • 2025 daily traffic count: 27,200 vehicles
  • C‑PUD2/C2 zoning

Property Analytics

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Current Use

Commercial land

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.

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

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
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Frequently Asked Questions

What type of property is this?
Commercial land - C-PUD2/C2 zoning and utility service accompany a mixed-use development concept.
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: Signalized corner at Hwy 6 and 6th Ave; 2025 daily traffic count: 27,200 vehicles; C‑PUD2/C2 zoning
More about this property
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