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

    4456 115TH Street Clinton, IA 52732

    View on Map
    For Sale
    $149,000

    LAND - Clinton, IA

    Lot size:
    5.00 Acres
    Added:
    Jun 15, 2025
    Days on Market:
    296
    Last Refresh:
    Apr 6 at 6:06 pm

    Property Features for 4456 115TH Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural
    Standard status
    Active
    APN
    2602260000
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    11-83-6 W1/2 SE SE NW
    Tax Annual Amount
    768

    Utilities

    Utilities
    Electricity Available
    Water source
    Private
    Water front
    1

    We can help!

    Listing Contact
    Troy Sachsenmaier
    Troy Sachsenmaier

    Listing agent Troy Sachsenmaier License #S68783000/475.194315

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

    Listing date Jun 15, 2025

    MLS# QC4264295

    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

    5 Acres of Iowa Land

    This 5-acre property features a mix of timber and open field, including a planted corn food plot that attracts wildlife. The land slopes down to the Elk River, offering views and smallmouth bass fishing. Power is already on site, along with an operable old well. Fiber internet has been recently installed in the roadside ditch. The property is suitable for a dream home, a shouse, or parking RVs. There is also potential for a hobby farm, such as a pumpkin patch or Christmas tree grove. Located less than a mile from a hard-surfaced road, the property offers country living with minimal gravel travel. According to recent discussions with the county, the property may be subdivided into two buildable lots. The property is located in Clinton, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.230092
    Latitude
    42.011893

    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
    • $73,000

      Commercial Land in High Traffic

      Three parcels totaling over 0.7 acres in Clinton, Iowa.
      112 N 2ND Street, 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

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Mixed timber and open field near Elk River.
    Where is this agricultural land / farmland located?
    The property is located at 4456 115TH Street Clinton, IA.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 5 acres of mixed timber and open field with abundant wildlife and Elk River access.; Utilities available: Electricity onsite, operable old well, and fiber internet.; **Potential for building a dream home, 'shouse', or RV parking.**
    (833) 835-5566
    We can help!
    Listing Contact
    Troy Sachsenmaier
    Troy Sachsenmaier
    Real Estate License ID: S68783000/475.194315
    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!