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Property profile & analytics
OFF-MARKET
Retail space

1723 2nd St Coralville, IA 52241-1832

2,000 SF 0.38 ac lot Built 1988
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US25-2385049
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction FRAME
Total area 2,000 SF
Lot 0.38 ac (16,726 SF)
APN 1006431002
UPID US25-2385049
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
5th Street Partners LLC · 9 yrs held
5th Street Partners LLC
since 2016
1 recorded transaction
2016
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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