2441 James StCoralville, IA 52241

Property Details for 2441 James St

Year built

2015

Construction

CONCRETE

Lot size

1.31 AC

Property size (Sq ft)

15,298 SF

Property type

Retail properties

Property subtype

Strip malls

APN

1101129001

APU

1101129001

Description

This exceptional 4,800 square foot retail space is situated on the vibrant Coralville Strip, within a newer building constructed in 2015. Currently configured as a fitness center, this highly adaptable space offers significant potential for a variety of retail or restaurant uses. The unit is part of a larger 15,000 square foot multi-tenant building, boasting convenient access and ample parking. Its prime location offers excellent visibility and proximity to Coralridge Mall, numerous restaurants, and other shopping destinations. The property sits on a lot ranging from one to two acres, zoned C2, and features a prominent monument sign for enhanced brand visibility. The asking rent is $11,500 per month, NNN. The space is immediately available, providing a unique opportunity to establish a presence in a thriving commercial area. The Johnson County location, with APN 1101129001, ensures easy access to a large customer base. The building's modern design and convenient amenities make it an attractive option for businesses seeking a high-profile location. This space is ready for immediate occupancy and customization to meet your specific business needs. Don't miss this chance to secure a prime retail location in a bustling commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $6,016,488

  6.5%

  $5,553,682

  7%

  $5,156,990

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,005,433

  Geo Method

  $3,005,433

• Alternative Use

  Use

  Valuation

  Residential

  $4,684,738

  Hospitality

  $4,291,195

  Educational

  $3,570,224

  Medical

  $3,693,010

  Retail

  $5,553,682

Location Insight

City

Coralville

County

Johnson

State

Iowa

Latitude

41.6849

Longitude

-91.6038

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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