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Property profile & analytics
OFF-MARKET
Commercial land

2901 Mckinley St Clinton, IA 52732

5.45 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US25-1237007
Property summary
AI-generated overview

This exceptional 5.45-acre property in Clinton, Iowa, presents a unique investment opportunity. Located at 2901 McKinley Street, this land boasts prime riverfront access with 960 feet of frontage on the Mississippi River's main channel, offering potential for a marina (a boat ramp is already present). The property's elevation sits 5 feet above the floodplain, eliminating the need for flood insurance. Zoned High Density C-4, it allows for diverse development possibilities, including the potential for three-story condominiums. The site is conveniently located in a neighborhood setting with city street access, public sewer, and city water available. The lot encompasses approximately 237,402 square feet. Annual property taxes were $1,306 in 2022. This is a cash sale. The property is situated in the Qcara Area of Clinton County. This is a confidential listing, previously listed on the MLS. Serious inquiries only. Test borings are available upon request at the office. This is a rare opportunity to acquire a substantial riverfront parcel with significant development potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5.45 ac (237,402 SF)
APN 8602140000
UPID US25-1237007
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
RIVER'S EDGE LAND CO 1 AN IOWA CORPORATION
RIVER'S EDGE LAND CO 1 AN IOWA CORPORATION
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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