Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2500 Crosspark Rd Coralville, IA 52241
    Back to Search
    Property profile & analytics

    2500 Crosspark Rd Coralville, IA 52241

    View on Map
    • Office Spaces
    • 90,000 SF
    • 6.70 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 2500 Crosspark Rd

    Year built
    2008
    Lot size
    6.70 lot acres
    Property size
    90,000 SF
    Property type
    Office Spaces

    Description

    This Coralville, IA office property, located at 2500 Crosspark Rd, offers 16,500 square feet of immediately available space in a three-story, 90,000 square foot Class B building constructed in 2008. The property sits on a 6.7-acre lot (291,852 square feet) and is zoned I-1. The building features a 10-foot ceiling height and includes elevators. Individual suites range from 8,000 to 16,500 contiguous square feet, making it suitable for a variety of business needs. Its prime location offers easy access to Coral Ridge Mall and the I-80/I-380 interchange, providing unparalleled convenience and accessibility. The property is a multi-tenant building with a total of 90,000 square feet. The asking rent is $12.50 per square foot, NNN. This exceptional opportunity allows businesses to customize the space to perfectly fit their requirements. The property's address is 2500 Crosspark Rd, Coralville, IA 52241, and its APN is 0625152004. Johnson County is the location of this property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.6062
    Latitude
    41.7092

    Comparable in this City

    • Value Estimation by Request
      7,260 SF

      James St

      Office Spaces • 7,260 SF
      0 James St, Coralville, IA 52241
      View Details
    • Value Estimation by Request

      501 12Th Ave

      Office Spaces
      501 12Th Ave, Coralville, IA 52241
      View Details
    • Value Estimation by Request
      2,016 SF

      James St

      Office Spaces • 2,016 SF
      0 James St, Coralville, IA 52241
      View Details
    • Value Estimation by Request

      2180 Norcor Ave D

      Office Spaces
      2180 Norcor Ave D, Coralville, IA 52241
      View Details
    • Value Estimation by Request
      7,260 SF

      2655 James St

      Restaurants • 7,260 SF
      2655 James St, Coralville, IA 52241
      View Details
    • Value Estimation by Request
      4,000 SF

      I-80 Hwy

      Distribution properties • 4,000 SF
      I-80 Hwy, Coralville, IA 52241
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Coralville Office Space Available

      Modern Coralville office, ideal location.
      2180 Norcor Ave D, Coralville, IA 52241
      View Details
    • Contact for pricing

      Coralville Office Suite for Lease

      Prime Coralville office space available.
      2461 10Th St, Coralville, IA 52241
      View Details
    • Contact for pricing

      Coralville Office Space - Unit 203

      Modern Coralville office, ideal location.
      501 12Th Ave, Coralville, IA 52241
      View Details
    • Contact for pricing

      Coralville Office Space for Lease

      Affordable Office Suite in Prime Location
      2461 10Th St, Coralville, IA 52241
      View Details
    • Contact for pricing

      Coralville Office Suite for Lease

      Affordable Office Space in Prime Location
      2461 10Th St, Coralville, IA 52241
      View Details
    • Contact for pricing

      Coralville Office Space for Lease

      Affordable Coralville Office Suite Available
      2461 10Th St, Coralville, IA 52241
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      2,400 SF

      Prime Coralville Executive Office Suite

      2,400 SF Office, Sublease Available
      1100 6Th St, Coralville, IA 52241
      View Details
    • $2,300 /Mo

      Professional Office/Retail Space Available

      Well-maintained 1,100 SF suite in Coralville, Iowa for lease.
      1150 5Th St, Coralville, IA 52241
      View Details
    • $650 /Mo

      Office Space in Coralville, IA

      Office share with utilities and internet included in Coralville.
      250 12Th Ave, Coralville, IA 52241
      View Details
    • $18 SF/Yr

      Class A Office Space

      Move-in ready office space in Coralville, Iowa.
      1303 5Th St, Coralville, IA 52241
      View Details
    • $39 SF/Yr
      65,340 SF

      Retail Space in New Building

      New retail space ideal for restaurant, retail, or office.
      3224 Crosspark Rd, Coralville, IA 52241
      View Details
    • $20 SF/Yr

      Coralville Professional/Medical Office Spaces

      Professional and medical office spaces available for lease in Coralville.
      2791 Heartland Dr, Coralville, IA 52241
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2500 Crosspark Rd
    Coralville, IA 52241
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2500 Crosspark Rd, Coralville, IA, 52241
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!