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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2300 Oakdale Blvd Coralville, IA 52241

    • Office buildings
    • 7,242 SF
    For Sale
    View listing
    $980,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-2373613
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2300 Oakdale Blvd

    Year built
    1999
    Property size
    7,242 SF
    Property type
    Office buildings
    APN
    730330002
    APU
    730330002

    Description

    This single-tenant office building, located at 2300 Oakdale Blvd in Coralville, IA 52241, offers 7,242 square feet of space in a 1-story building constructed in 1999. The property sits on a generous 4.47-acre lot, providing ample room for future expansion of the building or parking area. Currently, there are 37 parking spaces available. The building features a traditional office layout with perimeter offices, a conference room, a dedicated server room, and a bullpen area. A detailed floor plan is available upon request. The property is zoned I-1 (Research/Office Industrial District), allowing for a variety of uses including laboratories, offices, research and development, light manufacturing, and professional services. A fully paid land lease is in place, expiring March 1st, 2044, with options for two additional 25-year renewal terms. Pass-through expenses include real estate taxes at $2.28 per square foot and insurance at $0.40 per square foot. Tenant responsibilities include lawn care and snow removal. This presents a unique opportunity to acquire a well-maintained office building with significant long-term potential in a thriving research park environment. The property's size and zoning offer flexibility for a variety of business needs and future growth. Inquire for further details and to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.5966
    Latitude
    41.7079
    CBSA code
    26980
    CBSA name
    IOWA CITY, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,286
    $0.00
    $643,600
    $643,600
    -
    $0.00
    $643,600
    $643,600

    Comparable in this City

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      $6,595,000
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      327 2nd St

      OFFICE BUILDING • 43,206 SF
      327 2nd St, Coralville, IA 52241-2694
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    • Value Estimation
      $2,200,000
      20,628 SF

      2651 Crosspark Rd

      OFFICE BUILDING • 20,628 SF
      2651 Crosspark Rd, Coralville, IA 52241-3408
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    • Value Estimation
      $1,215,000
      15,074 SF

      Coralville, IA 52241

      OFFICE BUILDING • 15,074 SF
      Coralville, IA 52241
      View Details
    • Value Estimation
      $8,435,000
      71,106 SF

      Coralville, IA 52241

      OFFICE BUILDING • 71,106 SF
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    • Value Estimation
      $850,000
      4,773 SF

      906 Quarry Rd

      OFFICE BUILDING • 4,773 SF
      906 Quarry Rd, Coralville, IA 52241
      View Details
    • Value Estimation
      $1,380,000
      7,671 SF

      2421 Coral Ct Ste, Unit 2

      OFFICE BUILDING • 7,671 SF
      2421 Coral Ct Ste, Coralville, IA 52241-2886
      View Details

    Similar Nearby for Sale

    • $5,139,200
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      Class A Office Building

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    • $980,000
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      21,008 SF

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    Similar Nearby for Lease

    • $980,000

      Office Building in Iowa Research Park

      Professional office space with expansion potential in Coralville, Iowa.
      2300 Oakdale Blvd, Coralville, IA 52241
      View Details
    • $14 SF/Yr
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      Class A Office Building

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    • $16 SF/Yr
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      Turnkey Office or Medical Space

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    • $1,650 /Mo
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      Coralville Office Space For Rent

      Office space in the Wells Fargo building on Coralville Strip.
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    • $750 /Mo

      Office Space in Coralville, IA

      Shared or individual office space with utilities and internet included.
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    • $13 SF/Yr
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      Prime Coralville Office Space

      18,000 SF Available, Subdivisible
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      View Details
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    Coralville, IA 52241
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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