0 Lucas Ave Coralville, IA 52241
This exceptional 1.85-acre commercial lot presents a remarkable investment opportunity in the rapidly expanding Coralville, Iowa market. Located on Lucas Avenue, this property boasts convenient access to major transportation arteries, including Interstates 80 and 380, and Highway 6, ensuring high visibility and accessibility for any commercial venture. The lot is zoned C2, permitting a wide range of commercial uses, aligning with Coralville's West Land Use Area Plan, which designates this area for corridor commercial development, specifically retail uses situated along collector and arterial streets. Prospective buyers should note that any site and building plans require approval from the City of Coralville and must adhere to the established West Land Use Area Plan guidelines. This property offers significant potential for developers and investors seeking a strategic location within a thriving commercial corridor. The asking price for this exceptional opportunity is $181,319. The property is situated in Johnson County, Iowa, with a zip code of 52241. This is a rare chance to acquire a substantial parcel of land in a high-growth area, ready for development. Broker co-op is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.