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Property profile

1100 6th Stb-1 Coralville, IA 52241

OFF-MARKET
Medical Office Space
Property ID
US25-0349154
View Sample
2,168 SF 0.11 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 2,400 square foot executive office suite, located in a high-quality medical building in the heart of Coralville, Iowa, presents a fantastic opportunity. Built in 2000, this single-tenant space boasts six private offices, a welcoming reception area, a convenient restroom, and a fully equipped kitchenette. The suite is ideally situated near a variety of amenities, including restaurants, grocery stores, and a shopping mall, ensuring convenience for both employees and clients. Ample parking is available directly in front of the building, and the property is meticulously maintained, reflecting a commitment to quality and professionalism. The property is zoned C3 and has an APN of 1006420003 within Johnson County. The current lease is a sublease, offering a flexible term extending through June 30th, 2026, with options for extension. The base rent is $16.00 per square foot, with operating expenses (OPEX) estimated at approximately $7.93 per square foot, resulting in an approximate monthly rent of $4,786. Any prospective subtenant will require landlord approval. This turnkey solution offers immediate occupancy and a prime location for businesses seeking a sophisticated and functional workspace.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Total area 2,168 SF
Lot 0.11 ac (4,866 SF)
APN 1006420007
UPID US25-0349154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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