622 1St Ave Coralville, IA 52241
- Commercial land
- 0.54 lot acres
Current Use by Public Records
- Commercial land
Property Details for 622 1St Ave
- Lot size
- 0.54 lot acres
- Property type
- Commercial land
- APN
- 1005428002
- APU
- 1005428002
Description
This exceptional 1.1-acre commercial land parcel, located at 622 & 626 1st Ave in Coralville, Iowa (zip code 52241), presents a unique investment opportunity. Situated on a high-traffic area of South 1st Avenue, boasting a daily traffic count of 22,800 vehicles, this property offers unparalleled visibility and accessibility. The lot is zoned C-2, allowing for a diverse range of commercial and industrial uses, including office and institutional developments. Its convenient location north of McDonald's ensures high foot traffic and brand recognition. The property's size and zoning provide ample space for various development projects. Furthermore, the seller is open to build-to-suit options for prospective tenants, offering flexibility and customization. This prime location, coupled with the seller's willingness to collaborate on development, makes this a truly exceptional opportunity for investors and businesses seeking a strategic foothold in the thriving Coralville market. The property is conveniently located on a bus line, enhancing its accessibility and appeal. This is a rare chance to acquire a significant commercial land parcel in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coralville
- County
- Johnson
- State
- Iowa
- Longitude
- -91.5666
- Latitude
- 41.6785
- CBSA code
- 26980
- CBSA name
- IOWA CITY, IA METROPOLITAN STATISTICAL AREA
