1708 5Th StCoralville, IA 52241

Property Details for 1708 5Th St

Year built

2017

Construction

FRAME

Property size (Sq ft)

2,203 SF

Property type

Retail properties

Property subtype

Retail space

APN

1006437001

APU

1006437001

Description

This exceptional commercial property at 1708 5th St, Coralville, IA 52241 offers versatile office space in a vibrant mixed-use building. Built in 2017, this five-story building features a total of 2,463 square feet of vacant space across multiple suites, ranging from 550 to 1,683 square feet. The available units are located on the first floor and boast floor-to-ceiling windows offering scenic views of Morrison Park. The property is zoned C-PUD2 and is situated just one block from the Coralville Strip, providing convenient access to a variety of amenities. Within a three-block radius, you'll find Hy-Vee, the Coralville Aquatic Center, the Public Library, and City Hall. Ample parking is available, with both on-street and off-street options, and indoor garage parking is negotiable. This is a first-generation commercial space in a desirable neighborhood setting, ideal for businesses seeking a modern and convenient location in Coralville. The property consists of one building and is located in Johnson County, with APN 1006437001. The property is classified as both Traditional and Creative Office space.

• CAP approach

  CAP return

  Valuation

  6%

  $866,409

  6.5%

  $799,762

  7%

  $742,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $432,800

  Geo Method

  $432,800

• Alternative Use

  Use

  Valuation

  Residential

  $674,629

  Hospitality

  $617,957

  Educational

  $514,133

  Medical

  $531,815

  Retail

  $799,762

Location Insight

City

Coralville

County

Johnson

State

Iowa

Latitude

41.6784

Longitude

-91.5863

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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