2771 Oakdale BlvdCoralville, IA 52241

Property Details for 2771 Oakdale Blvd

Year built

2006

Construction

WOOD

Lot size

0.07 AC

Property size (Sq ft)

3,165 SF

Property type

Office buildings

APN

625278010

APU

625278010

Description

This exceptional commercial condominium offering presents two attractive, professional second-floor suites located at 2771 Oakdale Blvd B-7 & B-8 in Coralville, Iowa, 52241. Priced at $600,000, this special purpose property boasts a desirable brick and limestone exterior. The condo owner's association diligently maintains the exterior and grounds, freeing up your time and resources. Situated in a rapidly expanding area, this investment benefits from proximity to a major research campus, the future University of Iowa Hospital & Clinics building, new rehabilitation hospitals, and the burgeoning West Coralville development. This strategic location ensures high visibility and strong potential for tenant attraction. Enjoy convenient access to major transportation arteries, including I-80, I-380, and Highway 218, facilitating seamless commutes for both tenants and owners. Ample parking is available, with a large shared lot supplemented by additional spaces in the rear of the building. This property represents a compelling investment opportunity in a thriving and dynamic commercial area. The suites are ready for immediate occupancy or lease, presenting a flexible investment strategy.

• CAP approach

  CAP return

  Valuation

  6%

  $846,769

  6.5%

  $781,633

  7%

  $725,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $246,743

  Geo Method

  $246,743

• Alternative Use

  Use

  Valuation

  Residential

  $969,225

  Hospitality

  $887,804

  Educational

  $738,643

  Medical

  $764,046

  Retail

  $1,149,000

Location Insight

City

Coralville

County

Johnson

State

Iowa

Latitude

41.7092

Longitude

-91.6103

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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