Commercial Real Estate Market in Coralville, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
214 active listings and 908 off-market properties in Coralville, IA. Commercial property asks $725/SF to buy and $24.94/SF/Yr to lease.
Market Trends
Coralville, IA spans 13.5 square miles in Johnson County, Iowa. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Coralville, IA asks $39.12/SF/Yr to lease. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Coralville, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Coralville, IA runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Coralville, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.2%
- Planned_development 23.4%
- Open space 14.1%
- Commercial 7.3%
- Industrial 7%
Largest Zones share of zoned land by district
Single Family Residential District
Parks And Open Space
Residential Planned Unit Development District One
Arterial Commercial District
Commercial Planned Unit Development District Two
Coralville, IA zones 6,727 acres across 19 districts. Commercial zoning covers 7.3% of zoned land, residential 48.2%, open space 14.1% and industrial 7%. The largest single district is Single Family Residential District at 39.6%. For commercial buyers the practical constraint is that only 14.3% of land carries a commercial or industrial designation.
Parks And Open Space (PUBLIC)
The purpose of this chapter shall be to promote the public health, safety, morals, order, convenience, prosperity and general welfare; to conserve and protect the value of property throughout the City and to encourage the most appropriate use of land; to lessen congestion in the streets; to prevent the overcrowding of land; to avoid undue concentration of po…
Market overview
Demographics & Economy
Coralville, IA has 22,319 residents in 10,294 households. Density runs 1,652 people per square mile. Median household income here is $66,508 and median gross rent $1,021 a month.
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
1,652
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value
Tools
Lease vs Buy Breakeven
At $24.94/SF/Yr lease vs $725/SF buy → buying wins if held > 28.2 years.
At a 3.4% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| University Heights | — | — |
| Iowa City | — | $21.56 |
| Tiffin | — | — |
| North Liberty | — | $15.74 |
Commercial property in Coralville, IA asks $725/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Coralville?
Commercial property in Coralville, IA asks an average of $725 per square foot. The 3 most recent recorded sales traded at a median of $106/SF, so asking sits 586% above the achieved median.
How much does it cost to lease commercial space in Coralville?
Asking lease rates in Coralville, IA average $24.94 per square foot per year. Office asks $39.12/SF/Yr as of Q1 26, up from $31.33/SF/Yr in Q4 25.
Is it cheaper to lease or buy commercial space in Coralville?
Buying beats leasing in Coralville, IA if the property is held longer than 28.2 years, comparing $24.94/SF/Yr asking rent with $725/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Coralville?
Coralville, IA zones 6,727 acres across 19 districts, of which 7.3% is commercial and 7% industrial. The largest single district is Single Family Residential District at 39.6% of zoned land. Residential zoning covers 48.2% and open space 14.1%.
Where does Realmo's Coralville market data come from?
Realmo compiles Coralville, IA figures from 7 recent recorded sales, 110 active sale listings, 104 active lease listings, 908 tracked off-market properties, the current Coralville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 110 active for-sale and 104 active for-lease listings in Coralville, IA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,727 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
