2810 N 4Th St Clinton, IA 52732
For Sale
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This exceptional 30.7-acre property located at 2810 N 4th Street in Clinton, Iowa, presents a unique investment opportunity. The asking price is $1,500,000. The site includes a substantial existing building totaling 40,967 square feet, formerly used as a middle school. This presents significant potential for redevelopment into various uses, subject to necessary zoning approvals. A preliminary plat for residential development already exists, suggesting a clear path for residential construction. Alternatively, the large existing building could be repurposed into office space or multi-family housing, depending on the chosen development plan and any required zoning changes. The property's expansive size and versatile nature make it ideal for a wide range of development projects. The property is classified as Commercial, Apartment Building, and includes land, multifamily, and office space potential. The single building sits on a 30.7-acre lot and currently consists of one unit. This property offers a rare chance to realize a significant development vision in a prime Clinton, IA location (zip code 52732). The property's size and existing infrastructure provide a solid foundation for a successful project. Serious inquiries are encouraged.
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.