2301 Jones BlvdCoralville, IA 52241

Property Details for 2301 Jones Blvd

Year built

2011

Construction

STEEL FRAME

Lot size

1.95 AC

Property size (Sq ft)

20,996 SF

Property type

Office buildings

APN

635154002

APU

635154002

Description

This exceptional Class A office building, totaling 21,008 square feet, is situated on a 1.95-acre lot in the heart of Coralville, Iowa. Built in 2011 and renovated in 2017, the single-story structure features an open floor plan with perimeter offices and a substantial conference room. Currently 100% occupied under a NNN lease expiring January 1, 2025 (approximately 0.1 years remaining), this owner-user investment opportunity presents significant potential. The property boasts a convenient location at the corner of Highway 6 and Jones Boulevard, providing easy access to Interstates 80 and 380, and proximity to Coralville's numerous amenities. The building is zoned CC and features one unit within a single building. The property's APN is 0635154002. The space is adaptable and can be subdivided to suit various business needs. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving Iowa community. The property is available for sale; contact the listing agent for details.

• CAP approach

  CAP return

  Valuation

  6%

  $5,617,300

  6.5%

  $5,185,200

  7%

  $4,814,829

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,636,848

  Geo Method

  $1,636,848

• Alternative Use

  Use

  Valuation

  Residential

  $6,429,649

  Hospitality

  $5,889,524

  Educational

  $4,900,014

  Medical

  $5,068,534

  Retail

  $7,622,245

Location Insight

City

Coralville

County

Johnson

State

Iowa

Latitude

41.6966

Longitude

-91.6232

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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