Address
2761 Oakdale Coralville, IA
Price
$ 711,000
Property Attributes
  • MLS#202100386
  • TypeCommercial
  • CountyJOHNSON
  • CityCoralville
  • AreaCoralville
  • Zip52241
  • StyleOffice
  • Year Built2006
  • Taxes5
  • Price$ 711,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3951
Listing Provided Courtesy Of:
Coldwell Banker Real Estate Professionals
Data Source:
Iowa City Area Association of REALTORS
Property Description

Net Leased Investment Property - Building is being further subdivided into individual condominium units. Long established tenant (Farrell's) lease has renewed twice runs through Feb of 2025. Commercial condominium whose association provides exterior and grounds maintenance makes this a low maintenance investment opportunity. 7.22% cap rate yields a healthy return (see attached doc). Rapidly growing area near research campus and new rehab hospitals make this a smart buy.

Price History
1/14/2021 Listed $711,000

General Features

Agent First Name David
Agent Last Name Biancuzzo
Associated Document Count 2
City Coralville
Common Area Maintenance 1.58
Cooling Central A/C, Zoned
County Johnson
DOM 94
Directions Northwest Corner of 965 and Oakdale Blvd., Farrell's Extreme Body Shaping.
Heating Forced Air, Gas
Listing Area Coralville
Location Business Park, Office Center
Postal Code 52241
Primary City Coralville
Property Type COMMERCIAL
Road Frontage County/City Road, State Highway
Roof Composition
Sale/lease For Sale
Showing Instructions Call Agent Only, See Remarks
Special Features None
Status Active
Status Active
Street Name Oakdale
Subdivision IA
Type Office
Utilities Cable TV, Electricity, Natural Gas, See Other Remarks, Sewer, Telephone, Water-City
Year Built 2006
Zoning CPUD-2

Interior Features

Elevators No
Internet Yes
Photo Count 4

Exterior Features

Lot Dimensions condo
Lot Size None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 52241

Price
AVG $380K
$710K
Year Built
AVG 2000
2006
Walkscore
AVG 49
30
Data Provided by Walkscore ® not using MLS data

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