2901 Mckinley St Clinton, IA 52732
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.