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302 2nd St 1.39 Acres of Commercial Land Offered at $2,495,000 in Coralville, IA 52241



EXECUTIVE SUMMARY
The combined parcels for sale are a total of 1.39 acres m/l, and that’s where the real value is! Zoned C2 and I2, this area is considered the next major area for development on a high traffic street with over 24,000 cars per day. These parcels are bordered by 2nd St to the north and 1st St to the south for good traffic circulation. The addresses associated with this offering are 301 1st St, 302, 302 1/2, 304 and 306 2nd Street. Currently on the property is a commercial building with 8,576 SF of office and warehouse space. The entire building is leased for a year at a time at the rate of $5,409 per month, gross (including taxes, insurance and CAM).
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $2,495,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.39 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C2 I2 | ||
| Price | $2,495,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.39 AC |
| Opportunity Zone |
Yes |
| Zoning | C2 I2 |
1 LOT AVAILABLE
Lot
| Price | $2,495,000 | Lot Size | 1.39 AC |
| Price Per AC | $1,794,964.03 |
| Price | $2,495,000 |
| Price Per AC | $1,794,964.03 |
| Lot Size | 1.39 AC |
1 1
Bike Score®
Very Bikeable (84)
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302 2nd St
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