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Property profile & analytics
FOR SALE
Small apartment buildings

2810 N 4Th St Clinton, IA 52732

40,967 SF 30.7 ac lot
Property ID
US25-0577523
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Total area 40,967 SF
Lot 30.7 ac (1,337,292 SF)
UPID US25-0577523
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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