850 22Nd AveCoralville, IA 52241

Property Details for 850 22Nd Ave

Year built

1996

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

6,180 SF

Property type

Retail properties

Property subtype

Retail space

APN

1006241001

APU

1006241001

Description

This exceptional commercial property, located at 850 22nd Ave Unit 2 in Coralville, Iowa, presents a unique opportunity for businesses seeking a prominent location. Situated on a full acre of land, this office space offers significant potential for expansion and development. The property's address is highly visible and easily accessible, providing excellent exposure for any business. While the exact square footage is currently unavailable, the ample land area suggests substantial building size or significant room for future construction. The property's location in Coralville, IA, offers access to a thriving business community and a strong local economy. This presents an excellent investment opportunity for companies looking to establish a strong presence in a growing market. The one-acre lot provides flexibility for various business needs, allowing for ample parking, outdoor space, or potential future expansion projects. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the interior space and specific building features will be provided upon request. This is a rare opportunity to acquire a significant commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,430,507

  6.5%

  $2,243,545

  7%

  $2,083,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,214,118

  Geo Method

  $1,214,118

• Alternative Use

  Use

  Valuation

  Residential

  $1,892,514

  Hospitality

  $1,733,533

  Educational

  $1,442,279

  Medical

  $1,491,881

  Retail

  $2,243,545

Location Insight

City

Coralville

County

Johnson

State

Iowa

Latitude

41.6826

Longitude

-91.5963

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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