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    2634 300Th Ave DeWitt, IA 52742

    For Sale
    $2,240,000

    79 Acres, Residential Zoning, Iowa

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 79.74-acre property in DeWitt, Iowa, presents a unique investment opportunity. Located in Clinton County, just 16 miles north of the Iowa Quad Cities, this expansive land parcel is zoned for residential development, making it ideal for a variety of projects. The property boasts a diverse landscape featuring mature oak, hickory, and cherry trees, along with a creek area near the western boundary, presenting the potential for creating a lake or pond. Adding to its appeal, the land includes a 200-foot drilled water well and a constructed roadway running its entire length. Already surveyed, this large tract is one of the largest remaining upland timber properties in Clinton County. Its convenient location, adjacent to Timber Creek Estates and situated on a hard-surfaced road, ensures excellent accessibility. Priced at $2,240,000, or $28,091 per acre, this property offers significant potential for residential development at a compelling price point. The property is owned by an LLC and is being offered with a broker co-op agreement.

    Property Features for 2634 300Th Ave

    General Information

    Property type
    Land
    Lot Size
    3,473,474 SF
    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
    -90.510180923372
    Latitude
    41.794037449804

    Nearby Comparable

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    Nearby Similar for Sale

    • $350,000
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      Former Bank Building For Sale

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    • $1,250,000
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      DeWitt Industrial Property - 37,632 SF

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      View Details

    FAQs

    What type of property is this?
    Land - 79 Acres, Residential Zoning, Iowa
    Where is this 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.
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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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