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Commercial Land with Highway Frontage
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Pending

203 Main Ave, Clear Lake, IA 50428

Three distinct areas offer differing access, visibility, and development characteristics.

Property SizeContact for details
Days on Market143

Property Features for 203 Main Ave

General Information

Standard status Pending
Property subtype Retail, Industrial
Listing Agency: NAI Iowa Realty Commercial - Des Moines
Listed By: John R. Knapp · License #IA S24451000
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 3:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Iowa Realty Commercial - Des Moines

Investment Insights

Based on property information with market context.

This commercial land tract is organized into three areas with distinct development characteristics. The first provides access from 32nd Street and exposure to both highways, while the second adds interstate-facing frontage suited to land-intensive projects. The third lacks highway frontage but has level topography and access to the regional transportation network, supporting consideration of large-footprint or distribution facilities.

The property includes approximately 2,100 feet along Interstate 35 and 1,100 feet along Highway Business-18. Its location at the Highway Business-18 interchange provides a prominent position within the regional freeway corridor. The first area is identified for hotel, fuel, retail, and restaurant development, while the other areas accommodate uses benefiting from interstate exposure or larger-scale site requirements.

Key Highlights

  • Approximately 2,100 feet of frontage along Interstate 35
  • Highway Business‑18 frontage extends 1,100 feet
  • Three areas with distinct access, visibility, and development characteristics

Property Analytics

Current Use

Hall Realty Real Estate Agency Hall Realty: Robin ... Real Estate Agency Zach Hermanson, Clear ... Real Estate Agency Hall Realty: Jennifer ... Real Estate Agency

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 50428, IA

9,290
Population
5,630
Households
1.7
Avg Household Size
50
Median Age
32%
College-Educated
97%
High-School Grad
117.3 sq mi
ZIP Area
79
Density / Sq Mi
$72,932
Median Household Income
$42,235
Median Earnings
$769
Median Rent
$253,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Three distinct areas offer differing access, visibility, and development characteristics.
Where is this commercial land located?
The property is located at 203 Main Ave Clear Lake, IA.
What are key features of this property?
This property features: Approximately 2,100 feet of frontage along Interstate 35; Highway Business‑18 frontage extends 1,100 feet; Three areas with distinct access, visibility, and development characteristics
More about this property
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