1723 2nd St Coralville, IA 52241-1832
This exceptional 0.38-acre commercial lot presents a unique investment opportunity in the thriving city of Coralville, Iowa. Situated at 1723 2nd Street, this property boasts a highly desirable location with excellent visibility and accessibility. The expansive lot offers significant potential for a variety of commercial developments, catering to diverse business needs. Its size provides ample space for construction of a substantial building, allowing for flexibility in design and functionality. The address is strategically positioned within Coralville, offering convenient access to major transportation routes, ensuring easy commutes for employees and customers alike. The surrounding area is characterized by a mix of established businesses and residential communities, creating a vibrant and dynamic environment. This presents a compelling opportunity for developers seeking to capitalize on the growing commercial sector in Coralville. The property's location within a well-established area ensures a strong foundation for any future development, promising a high return on investment. The absence of existing structures allows for complete design freedom, enabling the creation of a bespoke commercial space tailored to specific business requirements. This prime commercial lot is ready for immediate development, making it an attractive proposition for discerning investors and entrepreneurs. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property is offered at a price to be determined.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.