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Property profile & analytics
FOR SALE
Retail space

100 Westcor Dr Coralville, IA 52241

102,133 SF 9.88 ac lot Built 2010
Entity Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US25-2366216
Property summary
AI-generated overview

This exceptional ±0.49-acre commercial outlot, located at 100 Westcor Dr, Lot 2 in Coralville, Iowa, presents a prime development opportunity. Situated in Johnson County, with a 52241 zip code, this 16,000 square foot parcel boasts a highly desirable location. Its convenient proximity to Theisen's Home Farm & Auto in Coralville ensures high visibility and accessibility for any future development. The property's strategic placement offers easy access to Interstate 80, providing excellent connectivity for businesses and their clientele. This build-to-suit land is ideal for a variety of commercial ventures, offering the flexibility to create a space tailored to specific business needs. The property's location within a thriving commercial area promises strong potential for return on investment. The latitude and longitude coordinates are 41.6952467 and -91.6253194 respectively. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Coralville. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Construction STEEL FRAME
Total area 102,133 SF
Lot 9.88 ac (430,372 SF)
APN 635178005
UPID US25-2366216
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.51M
Blend (final) Blend
$7.17M
Owner & transaction history
Theisen Development Co LLC · 16 yrs held
Theisen Development Co LLC
since 2009
1 recorded transaction
2009
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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