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Property profile & analytics
OFF-MARKET
Commercial real estate

2420 Lillian Way Clinton, IA 52732

1.31 ac lot
Property ID
US25-1357551
Property summary
AI-generated overview

This exceptional 1.31-acre commercial lot, located at 2420 Lillian Way in Clinton, Iowa (zip code 52732), presents a unique investment opportunity. The property, identified by APN 8063650023, is zoned for commercial use and boasts a highly desirable location at the northeast quadrant of US Highway 30 and Mill Creek Parkway. Access is convenient via US Highway 30, Mill Creek Parkway, and Manufacturing Drive. All utilities are already installed, including services from Alliant Energy and Iowa American Water. The land is fully developed, completely surveyed, and platted, featuring concrete city streets, curbs, gutters, sanitary and storm sewers, and off-site storm water detention. This prime location benefits from the presence of an Urgent Care Clinic, a Credit Union, and a new 325+ unit apartment complex in close proximity, ensuring high visibility and potential for significant foot traffic. Furthermore, a substantial twenty-plus million dollar upgrade to Manufacturing Drive is planned for 2024-2025, promising further enhancement to the area's infrastructure and appeal. The asking price for this ready-to-develop lot is $279,611. This presents a compelling opportunity for developers seeking a well-situated, fully serviced parcel in a thriving commercial area. Don't miss this chance to secure a piece of Clinton's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Lot 1.31 ac (57,064 SF)
APN 8063650023
UPID US25-1357551
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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