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    200 Westcor Dr Coralville, IA 52241

    For Sale
    $696,960

    Prime Coralville location, divisible parcels.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering presents a highly visible 2-20 acre pad site directly on Interstate 80 in Coralville, Iowa. The property is ideally situated near Coral Ridge Mall and numerous restaurants and retail establishments, ensuring high traffic volume and excellent visibility. Priced at $696,960, or $4 per square foot, this land presents a unique opportunity for development. The site is zoned for Corridor Commercial use, as designated in Coralville's West Land Use Area Plan, allowing for a variety of commercial developments. Potential buyers should note that the City of Coralville will require approval of Planned Unit Development (PUD) subdivision plans, which must align with the West Land Use Area Plan. Furthermore, impact fees of approximately $25,000 per acre will be payable upon final platting. The address is 200 Westcor Dr, Coralville, IA 52241, within Johnson County. This is a remarkable opportunity to establish a thriving commercial presence in a dynamic and rapidly growing area. The property's strategic location and flexible acreage options make it suitable for a wide range of commercial ventures. Don't miss this chance to secure a prime piece of Iowa real estate.

    Property Features for 200 Westcor Dr

    General Information

    Property type
    Land

    HighLights

    • Highly visible 2‑20 acre pad site on I‑80 in Coralville, IA.
    • Located near Coral Ridge Mall and numerous retail establishments, ensuring high traffic.
    • Priced at $696,960 ($4/SF).
    • Zoned Corridor Commercial; PUD approval required by Coralville.
    • Impact fees approx. $25,000/acre.
    • Address: 200 Westcor Dr, Coralville, IA 52241.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.628429799069
    Latitude
    41.696225685708

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    FAQs

    What type of property is this?
    Land - Prime Coralville location, divisible parcels.
    Where is this land located?
    The property is located at 200 Westcor Dr Coralville, IA.
    What is the asking price?
    The asking price for this property is $696,960.
    What are key features of this property?
    This property features: Highly visible 2-20 acre pad site on I-80 in Coralville, IA.; Located near Coral Ridge Mall and numerous retail establishments, ensuring high traffic.; Priced at $696,960 ($4/SF).
    Request Owner's contact information
    200 Westcor Dr 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
    200 Westcor Dr Coralville, IA 52241
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