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    FOR SALE
    Office buildings

    2300 Oakdale Blvd, Coralville, IA 52241

    7,242 SF Built 1999
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US25-2373613
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1999
    Total area 7,242 SF
    APN 730330002
    UPID US25-2373613
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    MIDWEST DEVELOPMENT & INVESTMENT CORPORATION
    MIDWEST DEVELOPMENT & INVESTMENT CORPORATION
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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