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Property profile & analytics
FOR LEASE
Strip malls

2425 2Nd St Coralville, IA 52241

8,040 SF 0.84 ac lot Built 2015
Entity Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US25-2431974
Property summary
AI-generated overview

This exceptional retail opportunity is located at 2425 2nd Street in Coralville, Iowa, 52241. The property, Coral Plaza, is a single-story, 8,040 square foot building constructed in 2015 and zoned C2. It features three suites in a multi-tenant configuration, with one suite currently vacant at 1,650 square feet. This space is an endcap unit, previously occupied by a Subway restaurant, offering excellent visibility and accessibility. The minimum divisible space is 1,495 square feet, while the maximum contiguous space available is 4,895 square feet. The building is anchored by a Verizon store, ensuring high foot traffic and a strong retail environment. Property taxes are $6.49 per square foot. This location offers a fantastic opportunity for a variety of retail or restaurant businesses seeking a high-traffic, well-established location in Coralville, Iowa. The property benefits from its proximity to major roadways and a vibrant community. The available space is ready for immediate occupancy and presents a unique chance to establish or expand a business in a thriving market. Contact us today to learn more about this exceptional retail opportunity.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2015
Construction STEEL FRAME
Total area 8,040 SF
Lot 0.84 ac (36,789 SF)
APN 1101103012
UPID US25-2431974
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
$1.32M
Comparable Approach Comparable
$985k
Blend (final) Blend
$1.17M
Owner & transaction history
Hawkeye Real Estate Investment Co · 16 yrs held
Hawkeye Real Estate Investment Co
since 2009
1 recorded transaction
2009
$625,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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