Property profile

2411 2nd St Coralville, IA 52241

OFF-MARKET
Strip malls
Property ID
US25-2299134
7,839 SF 0.63 ac lot Built 1996
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.63-acre commercial lot presents a unique investment opportunity in the thriving city of Coralville, Iowa. Located at 2411 2nd Street, Unit 3, this property offers significant potential for a wide range of commercial developments. The expansive lot size provides ample space for construction of a new building, allowing for flexibility in design and functionality to suit various business needs. Its strategic location within Coralville ensures high visibility and accessibility, benefiting from strong local traffic patterns and proximity to key amenities and infrastructure. The address itself is easily identifiable and memorable, enhancing the potential for brand recognition and customer traffic. This property is ideal for entrepreneurs and investors seeking a blank canvas to create a thriving commercial venture. The absence of an existing structure allows for complete customization, minimizing renovation costs and maximizing design efficiency. Given the desirable location and substantial lot size, this property represents a rare chance to establish a significant commercial presence in a rapidly growing community. Serious inquiries are encouraged to explore the possibilities this exceptional land offering presents. The property is being offered at a price to be determined, making it an attractive proposition for those seeking a flexible and potentially highly profitable investment. Contact us today to learn more and schedule a site visit.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction WOOD
Total area 7,839 SF
Lot 0.63 ac (27,429 SF)
APN 1101103002
UPID US25-2299134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2411 2nd St Coralville, IA 52241-1500
Coralville metro Census 304 IOWA CITY, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$435k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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