Financial
Distress signals
Property profile

119 2Nd St Coralville, IA 52241

FOR LEASE
Strip malls
Property ID
US25-2417000
19,925 SF 2.18 ac lot Built 1955
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$59k
Tax billed · 2023
Assessed value · 2024$1.75M
Assessed land$1.37M
Assessed improvement$374k
Effective rate3.41%

Value estimate

· Sep 2026
$1.92M
$1.73M – $2.11M
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 365,650.00% cap applied$37k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$183/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$141 – $260

Cap rate analysis

How does the asset earn?
365,650.00%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.8
Wholesale Shop15.0
Auto Repair Shop14.1

Location

119 2Nd St Coralville, IA 52241
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 5th, Coralville, IA 52241-2932 $170,000 Oct 2024 30,056 SF
943 25th, Coralville, IA 52241-1224 $1,250,000 Mar 2024 6,199 SF
1900 James St, Coralville, IA 52241-1895 $655,000 Feb 2024 3,450 SF
1701 2nd St, Coralville, IA 52241-1957 $430,000 Jul 2023 2,687 SF
3284 Crosspark, Coralville, IA 52241-3217 $5,000,000 Oct 2021 7,671 SF
110 1st, Coralville, IA 52241-2600 $650,000 Aug 2021 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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