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    Property profile & analytics

    2794 Commerce Dr Coralville, IA 52241-2754

    • Drive through restaurants
    • 4,663 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2334383
    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

    • Drive through restaurants

    Property Details for 2794 Commerce Dr

    Year built
    2001
    Construction
    WOOD
    Lot size
    1.31 lot acres
    Property size
    4,663 SF
    Property type
    Drive through restaurants
    APN
    636280001
    APU
    636280001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.6096
    Latitude
    41.6955
    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
    $61,934
    $1,026,800
    $780,200
    $1,807,000
    -
    $1,026,800
    $780,200
    $1,807,000

    Comparable in this City

    • Value Estimation by Request
      3,849 SF

      2806 Commerce Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,849 SF
      2806 Commerce Dr, Coralville, IA 52241-2756
      View Details
    • Value Estimation by Request
      3,933 SF

      3282 Crosspark Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,933 SF
      3282 Crosspark Rd, Coralville, IA 52241-3206
      View Details
    • Value Estimation by Request
      5,387 SF

      2651 2nd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,387 SF
      2651 2nd St, Coralville, IA 52241-1213
      View Details
    • Value Estimation
      $505,000
      2,276 SF

      3290 Redhawk St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,276 SF
      3290 Redhawk St, Coralville, IA 52241-8538
      View Details
    • Value Estimation
      $355,000
      1,882 SF

      204 2nd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,882 SF
      204 2nd St, Coralville, IA 52241-2608
      View Details
    • Value Estimation
      $2,160,000
      3,721 SF

      2800 Commerce Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,721 SF
      2800 Commerce Dr, Coralville, IA 52241-2756
      View Details

    Similar Nearby for Sale

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      First-generation office or retail spaces in North Coralville, Iowa.
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    Similar Nearby for Lease

    • $13 SF/Yr
      18,000 SF

      Prime Coralville Office Space

      18,000 SF Available, Subdivisible
      3273 Ridgeway Dr, Coralville, IA 52241
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      Coralville Retail Space Available

      Prime Coralville retail space, 1,650 sq ft available.
      2425 2Nd St, Coralville, IA 52241
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    • $24 SF/Yr
      6,200 SF

      Point Plaza Retail Space Available

      Coralville, IA: Prime Retail Opportunity
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    • $2,500 /Mo

      Move-in Ready Retail/Office Space

      Retail or office space on the Coralville Strip for lease.
      1711 2Nd St, Coralville, IA 52241
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    • $20 SF/Yr
      29,621 SF

      Prime Retail Space Near Mall

      Highly visible 1,700 sqft retail space near Coral Ridge Mall.
      941 25Th Ave, Coralville, IA 52241
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    • $20 SF/Yr
      5,742 SF

      Heartland Drive Medical Office Suites

      Modern Medical Office Space Available
      2791 Heartland Dr, Coralville, IA 52241
      View Details

    Property Visit Statistics

    • Visits by month
      48.3k
    • Visitors by month
      34.6k
    • Avg Time on site
      11 min
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    2794 Commerce Dr
    Coralville, IA 52241-2754
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    Realmo Value Estimation

    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.

    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.

    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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