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605 2nd Street
Coralville, IA 52241
Land For Sale
·
2.22 AC


EXECUTIVE SUMMARY
2.2 acres of commercial development land on the Coralville Strip (Hwy 6 at 6th Ave) at 605 2nd Street. The zoning is C-PUD2/C2 and is ideal for a project with first floor retail/commercial uses and 5-floors of condo/apartments above. See the attached concept plan in the associated documents. The daily traffic count in front of this site is 27,300 cars per day with the site at a hard corner with traffic light. All utilities are to the site and a Phase II site assessment has been performed. Coralville notes on building requirements regarding environmental issues: After reviewing sections 8, 9, and 10 in the Phase II ESA, it’s my opinion the only mitigation measures would be: Requiring a vapor barrier under the foundation/slab Ensuring the building has no dwelling units or enclosed parking garage below grade Prohibiting new water wells on the site (already prohibited by City ordinance)
PROPERTY FACTS
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.22 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | C2 - C-PUD2 / C2 | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.22 AC |
| Opportunity Zone |
Yes |
| Zoning | C2 - C-PUD2 / C2 |
1 LOT AVAILABLE
Lot
| Price | $4,081,000 CAD | Lot Size | 2.22 AC |
| Price Per AC | $1,838,288.45 CAD |
| Price | $4,081,000 CAD |
| Price Per AC | $1,838,288.45 CAD |
| Lot Size | 2.22 AC |
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MATTERPORT 3D TOUR
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