744 Coral Ridge AveCoralville, IA 52241

For Lease
  • Retail space
  • 7,515 SF

Property Details for 744 Coral Ridge Ave

Year built
2018
Construction
FRAME
Lot size
1.91 AC
Property size (Sq ft)
7,515 SF
Property type
Retail space
APN
636388002
APU
636388002

Description

This exceptional 6,900 square foot storefront property at 744 Coral Ridge Ave in Coralville, Iowa, presents a unique opportunity for retail businesses. Located at a prominent intersection directly across from the bustling Coral Ridge Mall, this location offers unparalleled visibility and accessibility to a large customer base. The property is zoned C2, allowing for a variety of retail uses. The building's size offers flexibility, adaptable to the specific needs of a prospective tenant. A key advantage is the site plan's inclusion of a potential drive-thru on the south side of the building, ideal for businesses requiring convenient customer access. For developers or businesses seeking a customized space, the owner is open to build-to-suit options or a direct sale. This prime location in Johnson County, Iowa (zip code 52241), boasts excellent visibility and convenient access, making it an ideal investment for a variety of retail or office uses. The property's latitude and longitude coordinates are 41.687809 and -91.6094852 respectively. Don't miss this chance to secure a highly visible and adaptable retail space in a thriving commercial area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,955,544
    6.5%
    $2,728,194
    7%
    $2,533,324
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,476,391
    Geo Method
    $1,476,391
  • Alternative Use

    Use
    Valuation
    Residential
    $2,301,334
    Hospitality
    $2,108,010
    Educational
    $1,753,839
    Medical
    $1,814,156
    Retail
    $2,728,194
744 Coral Ridge Ave, Coralville, Iowa
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Location Insight

City
Coralville
County
Johnson
State
Iowa
Latitude
41.6881
Longitude
-91.6104
CBSA code
26980
CBSA name
IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$62,928
$998,400
$836,400
$1,834,800
-
$998,400
$836,400
$1,834,800

FAQs

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