Entity Owned 
For Sale
Property summary
This exceptional Coralville property, located at 218 2nd St, offers 23,144 square feet of flexible space, perfect for a variety of businesses. The single-story building, constructed in 1983 and renovated in 1991, sits on a 1.55-acre lot with 181 feet of frontage on HWY 6, near 1st Ave. The zoning is C. The property includes a 10,184-square-foot minimum divisible space, with a maximum contiguous space of 23,144 square feet, currently entirely vacant and available for lease. The building… features a combination of office and warehouse space, catering to diverse needs. The warehouse component boasts 3 loading docks and 3 dock-high doors, complemented by ample concrete parking. A smaller office space with a restroom is also included. The property is situated in the Iowa City, Cedar Rapids submarket, offering excellent access and visibility. Annual lease rate is $25.00 per square foot, with estimated CAM costs of $3.67 per square foot per year. Property taxes are $3.67 per square foot. The entire building is also available for sale. This versatile property presents a unique opportunity for businesses seeking a prominent location with ample space and convenient amenities.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 12 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 10,184 SF
- Lot area
- 0.7 ac
- Year built
- 1983
- Stories
- 1
- APN
- 1008205002
- Assessed value · 2024
- $1,327,100
- Annual tax · 2023
- $45,272
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $45,272
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Coralville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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