100 Westcor DrCoralville, IA 52241

Property Details for 100 Westcor Dr

Year built

2010

Construction

STEEL FRAME

Lot size

9.88 AC

Property size (Sq ft)

102,133 SF

Property type

Retail space

APN

635178005

APU

635178005

Description

This exceptional ±0.49-acre commercial outlot, located at 100 Westcor Dr, Lot 2 in Coralville, Iowa, presents a prime development opportunity. Situated in Johnson County, with a 52241 zip code, this 16,000 square foot parcel boasts a highly desirable location. Its convenient proximity to Theisen's Home Farm & Auto in Coralville ensures high visibility and accessibility for any future development. The property's strategic placement offers easy access to Interstate 80, providing excellent connectivity for businesses and their clientele. This build-to-suit land is ideal for a variety of commercial ventures, offering the flexibility to create a space tailored to specific business needs. The property's location within a thriving commercial area promises strong potential for return on investment. The latitude and longitude coordinates are 41.6952467 and -91.6253194 respectively. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Coralville. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $40,167,476

  6.5%

  $37,077,668

  7%

  $34,429,264

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,064,968

  Geo Method

  $20,064,968

• Alternative Use

  Use

  Valuation

  Residential

  $31,276,402

  Hospitality

  $28,649,016

  Educational

  $23,835,644

  Medical

  $24,655,388

  Retail

  $37,077,668

Location Insight

City

Coralville

County

Johnson

State

Iowa

Latitude

41.6954

Longitude

-91.6249

CBSA code

26980

CBSA name

IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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