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Property profile & analytics
OFF-MARKET
Land

0 Merchant St Coralville, IA 52241

3.84 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.84 ac (167,270 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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