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    125 Westcor Dr Coralville, IA 52241

    Sponsored
    For Sale
    $357,192

    2.05 Acres, I-80 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.05-acre commercial land parcel in Coralville, Iowa, enjoys unparalleled visibility from Interstate 80, offering significant exposure to a high volume of daily traffic. Located at 125 Westcor Drive (APN 0635279001), this property is ideally situated across from Hawkeye Harley-Davidson, providing immediate brand recognition and proximity to a thriving commercial area. The asking price is $357,192, translating to $174,240 per acre. The site benefits from its close proximity to Coral Ridge Mall and numerous restaurants and retail establishments, ensuring high foot traffic and consumer accessibility. Coralville's West Land Use Area Plan designates this corridor for commercial development, specifically retail uses along collector and arterial streets. Prospective 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 are payable upon final platting. This presents a unique opportunity for developers seeking high-visibility commercial land in a rapidly growing area. The property's strategic location and zoning make it suitable for a variety of commercial ventures. Don't miss this chance to secure a prime location in a thriving Iowa market.

    Property Features for 125 Westcor Dr

    General Information

    Property type
    Land
    Lot Size
    89,298 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.6262332
    Latitude
    41.6962692

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    FAQs

    What type of property is this?
    Land - 2.05 Acres, I-80 Visibility
    Where is this land located?
    The property is located at 125 Westcor Dr Coralville, IA.
    What is the asking price?
    The asking price for this property is $357,192.
    Request Owner's contact information
    125 Westcor Dr 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
    125 Westcor Dr Coralville, IA 52241
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