Listing Agency: Navigate Homes

Listed By: F. Joe Hughes · License #B61054000

Source: Crexi

Added: Mar 7, 2024 Changed: Aug 11 Last Checked: Aug 23 at 4:44PM

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Investment Insights

Based on property information with market context.

This commercial lot offers high visibility with frontage on Interstate 80. It is located in close proximity to Coral Ridge Mall and numerous restaurants and retail locations. According to Coralville's West Land Use Area Plan, this area is designated as Corridor Commercial, intended for retail areas on collector and arterial streets featuring general commercial service uses. Any PUD subdivision plans are subject to approval by the City of Coralville and should adhere to the West Land Use Area Plan. The buyer is responsible for impact fees of approximately $25,000 per acre upon final platting.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Garden Center Carpet & Flooring Store Computer & Electronic Repair

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

78

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Highly visible commercial lot near Coral Ridge Mall.

Where is this commercial 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.