0 Merchant St Coralville, IA 52241
This exceptional 3.84-acre commercial land parcel, identified as Lots 3 & 4 of the Veritas First Addition on Merchant Street in Coralville, Iowa, presents a unique investment opportunity. Located in a rapidly expanding area along Highway 6, this property offers unparalleled access to major transportation arteries, including proximity to Interstates 80 and 380. The asking price is $376,359, translating to $98,010.16 per acre. The land is zoned C2, permitting a variety of commercial uses. Potential buyers should note that any site and building plans must receive approval from the City of Coralville and adhere to the city's West Land Use Area Plan. This plan designates the area as Corridor Commercial, characterized by retail uses situated on collector and arterial streets. The property's APN numbers are 0635206001 and 0635135002. This prime location and flexible zoning make this an ideal site for a range of commercial ventures. Seize this chance to establish a presence in a thriving Iowa City area market. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.