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    3721 2Nd St Coralville, IA 52241

    For Sale
    $985,981

    Prime 10-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.06-acre commercial land parcel presents a significant investment opportunity in Coralville, Iowa. Located at 3721 2nd St, this property boasts substantial frontage on Highway 6, ensuring high visibility and accessibility. The asking price is $985,981, translating to $98,010.04 per acre. The property is zoned C2 Arterial Commercial, allowing for a wide range of development possibilities. According to Coralville's West Land Use Area Plan, this corridor is designated for commercial retail uses situated on arterial streets. The lot's size and zoning present the potential for subdivision into smaller parcels, offering flexibility for various development scenarios. The property's location in Johnson County, Iowa, with a zip code of 52241, places it within a thriving commercial area. The APN is currently TBD. This is a rare opportunity to acquire a large, strategically located commercial land parcel with significant development potential in a growing Iowa community. The property's highway frontage and zoning make it an attractive investment for businesses seeking high visibility and convenient access. Serious inquiries are encouraged.

    Property Features for 3721 2Nd St

    General Information

    Property type
    Land
    Lot Size
    438,214 SF

    HighLights

    • 10.06‑acre commercial land parcel in Coralville, IA, priced at $985,981 ($98,010.04/acre).
    • High‑visibility location with substantial Highway 6 frontage.
    • C2 Arterial Commercial zoning allows diverse development options.
    • Located in a thriving commercial area of Johnson County, IA (zip code 52241).
    • Potential for subdivision into smaller parcels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Pharmacy Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.632242
    Latitude
    41.703279

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 3721 2Nd St Coralville, IA.
    What is the asking price?
    The asking price for this property is $985,981.
    What are key features of this property?
    This property features: 10.06-acre commercial land parcel in Coralville, IA, priced at $985,981 ($98,010.04/acre).; High-visibility location with substantial Highway 6 frontage.; C2 Arterial Commercial zoning allows diverse development options.
    Request Owner's contact information
    3721 2Nd St Coralville, IA 52241
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    Coralville, IA 52241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3721 2Nd St Coralville, IA 52241
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