2480 Lillian Way Clinton, IA 52732
For Sale
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This exceptional 1-acre commercial lot in Clinton, Iowa, presents a unique investment opportunity. Located at 2480 Lillian Way (APN 8063650020), this property is zoned for commercial use and boasts all utilities already installed, including Alliant Energy and Iowa American Water. The lot is fully developed, surveyed, and platted, featuring concrete city streets, curb, gutter, sanitary and storm sewers, and off-site storm water detention. Its strategic location at the northeast quadrant of US Highway 30 and Mill Creek Parkway provides excellent access via US Highway 30, Mill Creek Parkway, and Manufacturing Drive. The area benefits from significant recent development, including an urgent care clinic, a credit union, and a new 325+ unit apartment complex adjacent to the property. Furthermore, a planned twenty-plus million dollar upgrade to Manufacturing Drive is scheduled for 2025-2026, promising further enhancement to the area's infrastructure and appeal. This property is ideal for a variety of commercial ventures, offering immediate construction readiness and a prime location within a thriving community. The asking price is $209,088. Don't miss this chance to secure a piece of Clinton's burgeoning commercial landscape. The zip code is 52732.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.