Former Biodiesel Refinery Real Estate & Equipment - Clinton, IA by Sealed Bids

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Former Biodiesel Refinery Real Estate & Equipment - Clinton, IA by Sealed Bids

Bids due Thursday, June 18th by 4:00pm CT

5640 44th Avenue South – Clinton, IA 52732

Inspections - Wednesday, May 20 9:00am-3:00pm and Wednesday, June 10 9:00am-3:00pm CT. Other Times by Appointment

THIS IS ONE OF TWO PLANTS THAT WILL BE SOLD BY COURT ORDER
THERE IS ALSO A BIODIESEL PLANT SELLING IN SOUTH ROXANA, ILLINOIS
PLEASE SEE THE LISTING FOR THAT PLANT ON OUR WEBSITE
-THE PLANTS WILL SELL INDEPENDENTLY AND NOT TOGETHER-

ALL EQUIPMENT WILL SELL AS A PACKAGE WITH THE REAL ESTATE

Buying the former biodiesel refinery at 5640 44th Ave South in Clinton, Iowa, presents a strategic opportunity for an investor to acquire a market-ready, operational asset in one of the nation’s top biofuel producing regions. The facility, situated in the Lincolnway Industrial Rail & Air Park, offers exceptional logistical advantages, including a direct connection to the Union Pacific main line and proximity to the Mississippi River, ensuring efficient distribution to major Midwest markets. The plant features established infrastructure, such as a 10-million-gallon annual capacity and an acid esterification pretreatment system that allows for diverse feedstocks. A new owner could leverage Iowa’s robust renewable fuel tax credits and infrastructure grants to either restart biodiesel production or repurpose the industrial space for other high-demand manufacturing or storage needs.  

Located in the Lincolnway Industrial Rail and Air Park, which is a heavy-industrial park strategically located in east central Iowa, on the Illinois border and within driving distance to the Chicago markets.  Iowa Site Certification was obtained in 2016.

Click Below for the Lincolnway Industrial Rail and Air Park Site:
Lincolnway Industrial Rail & Air Park | Clinton, IA
 

-Approximate Drive Times:     

                    -Davenport, IA     45 min.
                    -Chicago, IL         2 hrs.
                    -Madison, WI        2.5 hrs.
                    -Des Moines, IA     3 hrs.
                    -St. Louis, MO         4 hrs.
                    -Kansas City, MO    5.5 hrs.
                    
12,840 Total Square Ft. on 13.33± Acres

Fully Equipped Quality Control Lab: Previous BQ-9000 Producer Accreditation, ASTM D6751 Standard and EAP Quality Assurance Plan (QAP)
Plant Process Automation System
Extensive On-Site Tank Storage with Cement Containment Walls
Truck Unloading/Loading Area with 11’x70’ Truck Scale
Rail: Adjacent to Rail Spur from Union Pacific Railroad East-West Mainline.
Air/Road/River: Adjacent to U.S. Highway 30 and less than 1 mile from the Clinton Regional Airport and minutes from the Mississippi River
Site Consists of Three Buildings Constructed in 2005 and 2013, with 26’ Clear Ceiling Height in Process/Manufacturing Area.  Pre-Engineered Steel Metal Clad
Building 1: 7,200 Sq. Ft. Built in 2005 Building Dimensions 60’x120’
Building 2: 3,480 Sq. Ft. Built in 2013 Building Dimensions 30’x116’
Building 3: 2,160 Sq. Ft. Built in 2005 Building Dimensions 40’x54’
                      -Manufacturing 11,160 Sq. Ft.
                      -Office 1,680 Sq. Ft.
                      -Lab 450 Sq. Ft.
                      -Shop 1,350 Sq. Ft.
HVAC Office, Radiant Heat in Process Areas
Fire Sprinkler Fed from Pond with Fire Control Panel
Well/Septic/Natural Gas/Electric/Fiber Internet/Phone/CCTV System
Altorfer Backup Generator
Modular Mobile Containers Filled with New Spare Parts
Security Gate with Fencing
Shop Truck, Forklift, Mower, Tools and All Shop and Maintenance Equipment Selling as a Package

County: Clinton
Parcel Number #: 88-0087-0005
Parcel Size: 13.33 Acres
Tax Value 2024: $1,214,174
Taxes 2025/2026: $50,998.00
Zoning: M-3 Industrial (Park) District

Click Below for the Grow Clinton Economic Development Site:
Business Development | Grow Clinton 

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REAL ESTATE & EQUIPMENT TERMS: TRACTS 1 & 2: 10% Buyer Premium. Sealed Bid deadline is Thursday, June 18 4:00pm CDT. Offers must be received by the deadline and be accompanied by a $20,000 earnest money deposit (cashier’s check or wire) and a completed/signed Sealed Bid Form. A deposit equaling 20% of the purchase price is due within 48 hours of bid acceptance, balance due at closing on or about Thursday July 16, 2026. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction. Bids must be sent via a traceable courier to: Maas Companies Inc at 6923 10 Ave SW, Rochester, MN 55902. Sealed Bids are binding and non-revocable. Receiver, Nicholas Arrington with Compass Advisory Partners, LLC is coordinating the closing. Deposit Funds Payable to: Compass Advisory Partners, LLC. Real Estate & Equipment are Selling Subject to Court Approval/Confirmation. Real Estate & Equipment are selling AS-IS, WHERE-IS WITH NO WARRANTIES or GUARANTEES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. In all transactions, Auctioneer is acting as an Agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made during the auction process takes precedence over any material published about the event.

Auctioneer

Maas Companies, Inc

6923 10th Ave SW
Rochester, MN 55902

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507-285-1444
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