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    935-937 4Th St Davenport, IA 52802

    Sponsored
    For Sale
    $349,000

    Two Buildings, 39,450 SF, I-MU Zoning

    Property size:
    39,450 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial investment opportunity encompasses two interconnected buildings totaling 39,450 square feet situated on a 0.36-acre lot at 935-937 W 4th Street in Davenport, Iowa. The property is offered at $349,000 and must be purchased as a single unit. The main building, 935 W. 4th Street, is a four-story structure boasting 8,850 square feet of basement space, a functional freight elevator, and a convenient loading dock situated on the east side of the building. The second building, 937 W. 4th Street, features a 3,350-square-foot basement and a warehouse equipped with an 18 x 12 overhead door providing easy access from the rear alley. Recent improvements include a brand-new roof, meticulous tuckpointing, and a comprehensive sprinkler system, ensuring both safety and longevity. The property's I-MU zoning designation unlocks significant potential for future development, particularly for multi-family residential projects. Currently, a business operates on the premises. Interested parties should contact the listing agent to arrange a viewing. This is a rare chance to acquire a substantial commercial property in a desirable location with significant upside potential.

    Property Features for 935-937 4Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    39,450 SF
    Lot Size
    15,682 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.58721
    Latitude
    41.52317

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    FAQs

    What type of property is this?
    Commercial real estate - Two Buildings, 39,450 SF, I-MU Zoning
    Where is this commercial real estate located?
    The property is located at 935-937 4Th St Davenport, IA.
    What is the asking price?
    The asking price for this property is $349,000.
    Request Owner's contact information
    935-937 4Th St Davenport, IA 52802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    935-937 4Th St Davenport, IA 52802
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