Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Forest Grove Dr Bettendorf, IA 52722

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $6,098,400

    20 Acres, Mixed-Use Potential, High Traffic Area

    Property Features for Forest Grove Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    871,200 SF

    We can help!

    Listing Contact
    Chris Wilkins

    Listing Agent: Chris Wilkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Bettendorf, Iowa. Situated as a continuation of the established 63-acre Forest Grove Landing development, this property offers significant potential for mixed-use development. Its strategic location places it in close proximity to TBK, a high-traffic destination attracting over 3.5 million annual visitors, ensuring substantial visibility and accessibility for any future development. The surrounding area boasts a vibrant mix of retail, office, restaurant, and hospitality businesses, creating a synergistic environment ripe for further commercial growth. This prime location offers unparalleled convenience and exposure, making it an ideal site for a variety of commercial ventures. The property's substantial size allows for flexibility in design and development, catering to a wide range of project scales and concepts. This is a rare chance to acquire a significant land holding in a thriving commercial corridor, poised for substantial returns. Detailed parcel information and pricing are available upon request. The property is zoned for commercial use and is ready for immediate development. Invest in this exceptional opportunity to build upon the success of Forest Grove Landing and capitalize on the high-traffic area's potential. Don't miss this chance to secure a prime piece of Bettendorf's commercial landscape.
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bettendorf
    County
    Scott
    State
    Iowa
    Longitude
    -90.50333
    Latitude
    41.59037

    Nearby Similar for Sale

    • $366,900
      1.17 Acres

      New Construction Office Condos

      New office condos for sale in Woodlands business park.
      5277 Pinecreek Ln, Bettendorf, IA 52722
      View Details
    • $429,000
      1.17 Acres

      New Construction Office Condo

      New construction office condo for sale in Bettendorf, Iowa.
      5283 Pinecreek Ln, Bettendorf, IA 52722
      View Details
    • $1,224,900
      1.17 Acres

      New Construction Office Condos

      New construction office condos for sale in Bettendorf, Iowa.
      5271 Pinecreek Ln, Bettendorf, IA 52722
      View Details
    • $640,000
      800 SF

      Bettendorf Restaurant Investment Opportunity

      High-Cap Restaurant, Absolute NNN Lease
      2505 Maplecrest Rd, Bettendorf, IA 52722
      View Details
    • $1,250,000
      11,954 SF

      Bettendorf Office Building - $1.25M

      Prime Bettendorf location, vacant, 11,954 SF.
      2705 Happy Joe Dr, Bettendorf, IA 52722
      View Details
    • $2,350,000
      7,107 SF

      Bettendorf Shopping Center Investment

      Iowa Retail Center - $2.35M
      787 Middle Rd, Bettendorf, IA 52722
      View Details
    • $335,427
      1,333 SF

      Bettendorf Executive Office Condos

      Modern Office Suites, Prime Location
      4371 Ontario, Bettendorf, IA 52722
      View Details
    • $358,778
      1,333 SF

      Bettendorf Office Condo for Sale

      1,333 SF Office, Net Lease Available
      4371 Pinecreek A Ln, Bettendorf, IA 52722
      View Details
    • $3,400,000
      9.18 Acres

      Bettendorf Commercial Land Development

      Prime 9.18-acre commercial site. High-growth area.
      53Rd Ave, Bettendorf, IA 52722
      View Details
    • $619,944
      1.19 Acres

      Bettendorf Commercial Land Opportunity

      Prime Corner Lot, Build-to-Suit Available
      4383 53Rd Ave, Bettendorf, IA 52722
      View Details
    • $640,000
      800 SF

      Bettendorf Commercial Investment Opportunity

      High-yield NNN lease, ample parking.
      2505 Maplecrest Rd, Bettendorf, IA 52722
      View Details
    • $895,158
      2.47 Acres

      Bettendorf Commercial Land Investment

      Prime 2.47-acre I-74 exposure
      Golden Valley Dr, Bettendorf, IA 52722
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 20 Acres, Mixed-Use Potential, High Traffic Area
    Where is this commercial real estate located?
    The property is located at Forest Grove Dr Bettendorf, IA.
    What is the asking price?
    The asking price for this property is $6,098,400.
    Request Owner's contact information
    Forest Grove Dr Bettendorf, IA 52722
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Forest Grove Dr
    Bettendorf, IA 52722
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Forest Grove Dr Bettendorf, IA 52722
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Wilkins
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!