638 Blf Blvd, Clinton, IA 52732-4742
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.
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Griffith Kathryn E Medical Clinic
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Micah Johnson, LMSW Foster Care Service Social Service Agency
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Dr. Joshua E. Nnanji, MD Physician
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Michael Mankarious PC Medical Clinic
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Bridgeview Community Mental: Eggers Andra Physician
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.