638 Blf Blvd Clinton, IA 52732-4742
Property summary
This exceptional 8.68-acre property, located at 638 S Bluff Blvd, Clinton, Iowa, presents a unique redevelopment opportunity. The site encompasses two buildings totaling approximately 209,000 square feet across four floors, situated on two separate parcels. Currently vacant and tax-exempt, this former Mercy Medical Center South Campus offers significant potential for various uses, including multifamily housing, senior living facilities, or mixed-use developments. The property's R-B1 zoning permits a range of possibilities. Built in 1945, the main structure provides a substantial foundation for a transformative project. A key feature is an existing, operational childcare building on the site. The seller is open to considering a sale/leaseback arrangement for this facility, offering added flexibility. The property is currently unpriced. Interested parties should schedule property tours in advance. This is a rare chance to acquire a large, versatile site in a desirable location with considerable potential for a high-return investment.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Foster Care Service Social Service Agency
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Physician
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Medical Clinic
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Physician
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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