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Property profile & analytics
OFF-MARKET
Estimated value
$6,940,000
Retail space
1600 Lincoln Way, Clinton, IA 52732-7019
Entity Owned
Free & Clear
Property ID
US25-1147750
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1966
Total area
92,418 SF
Lot
5.65 ac (246,114 SF)
APN
8071520000
UPID
US25-1147750
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Blaine's Farm & Fleet 1600 Lincoln Way Clinton Ia Big Box & Wholesale Store Agricultural Supply
-
Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
-
Blain's Farm & Fleet - Clinton, Iowa Department Store
-
Blain's Farm & Fleet Tires and Auto Service Center - Clinton, IA Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.07M
Blend (final)
Blend
$6.94M
Owner & transaction history
STERLING FARM & FLEET INC A CORPORATION
STERLING FARM & FLEET INC A CORPORATION
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.3M
+102.1%
Restaurant
$7.5M
+81.6%
Office building
$6.5M
+57.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,290,000
Change: +102% · Conversion: Easy
RESTAURANT
$7,450,000
Change: +82% · Conversion: Easy
OFFICE BUILDING
$6,460,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$6,445,000
Change: +57% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,285,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$5,875,000
Change: +43% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,515,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$6.94M
Range $6.25M – $7.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$75 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$123,754
Tax year 2023
Assessed value
$3,539,330
Assessed 2024
Previous assessed
$3,539,330
+0.0% YoY
Effective rate
3.50%
On assessed value
Assessed land
$775,600
Assessed improvement
$2,763,730
Land market value
$775,600
Improvement market value
$2,763,730
Total market value
$3,539,330
Applied tax rate
740.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1966
Heating
NONE
Stories
1
Total area
92,418 SF
Lot
5.65 ac (246,114 SF)
APN
8071520000
UPID
US25-1147750
Jurisdiction
CLINTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$8.3M
RESTAURANT
Est. value
$7.5M
OFFICE BUILDING
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$6.4M
WAREHOUSE, STORAGE
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$5.9M
INDUSTRIAL (GENERAL)
Est. value
$5.5M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Stories
1
Lot
5.65 ac
Current owner
From public records · entity-resolved
STERLING FARM & FLEET INC A CORPORATION
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 5391, JANESVILLE, WI 53547-5391
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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