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    2634 300Th Ave DeWitt, IA 52742

    For Sale
    $2,240,000

    79 Acres, Residential Zoning, Quad Cities Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 79.74-acre property in DeWitt, Iowa, presents a unique investment opportunity. Located just 16 miles north of the Iowa Quad Cities, this expansive tract boasts mature timberland featuring oak, hickory, and cherry trees. A significant advantage is its existing residential zoning, eliminating the need for rezoning and streamlining the development process. The property includes a 200-foot drilled water well, ensuring ready access to a crucial resource. A constructed roadway runs the length of the property, providing convenient internal access. Further enhancing its appeal, the land is situated on a hard-surfaced road and adjacent to Timber Creek Estates, offering established neighborhood proximity. A creek located near the western edge presents the potential for creating a lake or pond, adding significant recreational value. This is one of the largest remaining tracts of upland timber in Clinton County, making it a rare and highly desirable investment. The property is already surveyed, simplifying development planning. Offered at $2,240,000, this land presents a compelling opportunity for residential development in a highly sought-after location. The trust ownership ensures a clear and straightforward transaction.

    Property Features for 2634 300Th Ave

    General Information

    Property type
    Agricultural land
    Lot Size
    3,473,474 SF

    HighLights

    • $2,240,000 asking price.
    • 79.74 acres of land in DeWitt, IA.
    • Hunting, recreational, residential, and timber property.
    • Zoned residential.
    • Includes a 200 ft. drilled water well and a constructed roadway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Parts Store Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    DeWitt
    County
    Clinton
    State
    Iowa
    Longitude
    -90.512559
    Latitude
    41.7951369

    Nearby Comparable

    • $2,240,000
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      DeWitt, IA Commercial Land

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      Former Bank Building For Sale

      2,400 SF former bank building on 0.66 acres.
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      DeWitt Industrial Property - 37,632 SF

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    Nearby Similar for Sale

    • $350,000
      2,400 SF

      Former Bank Building For Sale

      2,400 SF former bank building on 0.66 acres.
      712 11Th St, Dewitt, IA 52742
      View Details
    • $1,250,000
      7.18 Acres

      DeWitt Industrial Property - 37,632 SF

      High-visibility industrial complex, 7.18 acres, three buildings.
      1801 11Th St, DeWitt, IA 52742
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 79 Acres, Residential Zoning, Quad Cities Proximity
    Where is this agricultural land located?
    The property is located at 2634 300Th Ave DeWitt, IA.
    What is the asking price?
    The asking price for this property is $2,240,000.
    What are key features of this property?
    This property features: $2,240,000 asking price.; 79.74 acres of land in DeWitt, IA.; Hunting, recreational, residential, and timber property.
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    Realmo Value Estimation

    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.

    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.

    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
    2634 300Th Ave DeWitt, IA 52742
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