704 1St AveCoralville, IA 52241

This exceptional offering presents 1 to 3.6 acres of prime commercial land in Coralville, Iowa, ideally situated across from the newly opened XTREAM Arena and the Iowa River Landing development. The property is zoned C-PUD2, allowing for a wide range of development possibilities, including multifamily residential, quick-service restaurants (QSRs), hotels, car washes, and retail spaces. The site previously housed a hotel, demonstrating its established viability. Its location offers unparalleled access to major transportation arteries, including I-80, and is within minutes of the University of Iowa, Mercy Hospital, and the VA Hospital. The high traffic count and proximity to the University of Iowa, home of the Hawkeyes, and the XTREAM Arena ensure significant visibility and potential for high returns. The property's zoning supports a variety of uses, including mixed-use developments combining commercial and residential components. Adjacent parcels have recently sold for $42-$50 per square foot, indicating strong market value. The seller may consider financing or lease options for qualified buyers. This is a unique opportunity to acquire a strategically located parcel in a thriving Iowa market. The property consists of two adjacent parcels totaling 1 to 3.6 acres and is designated as "Corridor Commercial" on the Coralville Land Use Map. The seller may consider selling the parcels separately or together.