Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    112 N 2ND Street Clinton, IA 52732

    View on Map
    For Sale
    $73,000

    LAND - Clinton, IA

    Lot size:
    0.73 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    155
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 112 N 2ND Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    8002630500
    Lot size
    0.73 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    AUDITORS SUB DIV BLKS 8,17 & S PRT OF 25 TOWN OF CLINTON N 50'OF LOTS 1 & 2& N 47' OF LOT 3 BLK8 AL
    TaxAnnualAmount
    9624

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Public

    We can help!

    Listing Contact
    Chris McDanel
    Chris McDanel

    Listing agent Chris McDanel License #S67345000/475.188059

    Listing office eXp Realty 4620 E. 53rd Street Suite 200, Cedar Rapids, IA

    Listing date Oct 29, 2025

    MLS# QC4268835

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in High Traffic

    This commercial land offering consists of three parcels totaling over 0.7 acres. The property is located in a high-traffic area of Clinton, Iowa. Utilities are available at the curb. The property is partially fenced and paved. The zoning is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mediacom Communications Corporation Telecommunications Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.188702
    Latitude
    41.846235

    Nearby Similar for Sale

    • $2,230,000

      Clinton Commercial Condominiums For Sale

      Four commercial condominiums ideal for distribution, office, or retail.
      2301 MANUFACTURING Drive, Clinton, IA 52732
      View Details
    • $495,000

      Commercial Land Near Highway 30

      Commercial, retail, multi-family lots near Wild Rose Casino Resort.
      2800 WILD ROSE Circle South, Clinton, IA 52732
      View Details
    • $65,000

      Turn-Key Service Shop in Clinton

      Centrally located service shop with visible signage on high traffic street.
      201 N 3RD Street, Clinton, IA 52732
      View Details
    • $525,000

      Former School on Large Lot

      Former elementary school with new roof on 8+ acres.
      1850 S BLUFF Boulevard, Clinton, IA 52732
      View Details
    • $42,000

      Commercial Land in Clinton, Iowa

      Commercial land for sale in Clinton, Iowa.
      111 S 4TH Street, Clinton, IA 52732
      View Details
    • $2,100,000

      Prime Commercial Land Opportunity

      10.32 acres of commercial land near Wild Rose Casino.
      2951 WILD ROSE Circle South, Clinton, IA 52732
      View Details
    • $700,000

      Commercial Land on Highway 30

      One acre of commercial land near national retailers.
      1522 LINCOLNWAY, Clinton, IA 52732
      View Details
    • $425,000
      7,000 SF

      Renovated Downtown Clinton Commercial Space

      Renovated commercial space suitable for multiple businesses in downtown Clinton.
      127 6TH Avenue South, Clinton, IA 52732
      View Details
    • $59,000

      Retail Property in Lyons District

      Retail property with existing tenant in Clinton, Iowa.
      2323 N 2ND Street, Clinton, IA 52732
      View Details
    • $94,900

      Commercial Property with Apartment, Clinton

      Commercial shop with apartment in high-traffic Clinton, Iowa area.
      1802 CAMANCHE Avenue, Clinton, IA 52732
      View Details
    • $385,000

      Clinton Multifamily Investment Opportunity

      Eight-unit multifamily property in Clinton, Iowa with updated units.
      2515 N 3RD Street, Clinton, IA 52732
      View Details
    • $79,000

      Commercial Building in Lyon's District

      Commercial building with updated features in Clinton, Iowa's Lyon's district.
      208 MAIN Avenue, Clinton, IA 52732
      View Details

    FAQs

    What type of property is this?
    Commercial land - Three parcels totaling over 0.7 acres in Clinton, Iowa.
    Where is this commercial land located?
    The property is located at 112 N 2ND Street Clinton, IA.
    What is the asking price?
    The asking price for this property is $73,000.
    What are key features of this property?
    This property features: Prime location in a high traffic area; 3 parcels totaling over .7 acres; Utilities at curb (Natural Gas Available)
    (833) 835-5566
    We can help!
    Listing Contact
    Chris McDanel
    Chris McDanel
    Real Estate License ID: S67345000/475.188059
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!