Industrial Flex Facility with
128 E 50TH Street Davenport, IA 52807
128 E 50TH Street, Davenport, IA, 52807
Contact for pricing
For Sale
Contact for pricing
Two-building flex industrial site on two parcels with multiple overhead doors, office space, and secured entrances.
Property Size50,000 SF
Lot Size6.93 Acres
Price / SF$100
Days on Market454
Property Features for 128 E 50TH Street
General Information
- Standard status
- Active
- Size
- 50,000 SF
- Lot size
- 6.93 Acres
- Property subtype
- Retail, Office, Industrial
Listing agency
NAI Ruhl Commercial Company
(563) 355-4000
Listed by
Shawn Langan · License #S62759000
Source
Crexi
Added: Apr 24, 2025 Updated: Jul 20 at 7:33PM Checked: Jul 20 at 7:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Ruhl Commercial Company
Investment Insights
Based on property information with market context.
Versatile industrial flex facility offered for sale on two parcels totaling approximately 6.93 acres, with approximately 50,000 square feet across two buildings. The 30,000 SF main building includes two 12' x 14' overhead doors, a 6' x 8' dock door, multiple private and administrative offices, a lounge, restrooms, and clear heights approximately 13.5' to 19' under a 21' ceiling. A large T-shelter provides additional covered parking.
The 20,000 SF service building is equipped with radiant floor heat, floor drains with an oil separator, and 3-phase power, along with nine front and eight rear overhead doors (14' x 12'), two personnel entry doors, and restrooms with showers. It also features a mezzanine-equipped parts room and clear heights approximately 17' to 19' under a 20' ceiling.
The property is located along US-61 and features multiple secured entrances and prominent signage. Convenient access is provided to I-80, I-74, and I-280, and the site is zoned C-3 to accommodate higher-intensity commercial development serving local and regional markets.
The 20,000 SF service building is equipped with radiant floor heat, floor drains with an oil separator, and 3-phase power, along with nine front and eight rear overhead doors (14' x 12'), two personnel entry doors, and restrooms with showers. It also features a mezzanine-equipped parts room and clear heights approximately 17' to 19' under a 20' ceiling.
The property is located along US-61 and features multiple secured entrances and prominent signage. Convenient access is provided to I-80, I-74, and I-280, and the site is zoned C-3 to accommodate higher-intensity commercial development serving local and regional markets.
Key Highlights
- Two‑parcel commercial site with approx. 6.93 acres and approx. 50,000 SF across two buildings.
- US‑61 high‑visibility location with prominent signage and convenient access to I‑80, I‑74, and I‑280.
- 30,000 SF main building with two 12' x 14' overhead doors, offices, lounge, restrooms, and a 6' x 8' dock door.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $720.0k | $14.40 |
| − Vacancy | −$43.2k | −$0.86 |
| EGI | $676.8k | $13.54 |
| − OpEx | −$236.9k | −$4.74 |
| NOI | $439.9k | $8.80 |
50,000 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$8.10M
$7.09M – $9.45M
NOI $567,000 @ 7.0% cap · market cap 11.34%
Second Best
Flex RnD
$6.28M
$5.50M – $7.33M
NOI $439,920 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$10.79M
$9.44M – $12.59M
NOI $755,424 @ 7.0% cap · market cap 15.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Supermatic Car Wash
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-building flex industrial site on two parcels with multiple overhead doors, office space, and secured entrances.
Where is this flex space located?
The property is located at 128 E 50TH Street Davenport, IA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Two‑parcel commercial site with approx. 6.93 acres and approx. 50,000 SF across two buildings.; US‑61 high‑visibility location with prominent signage and convenient access to I‑80, I‑74, and I‑280.; 30,000 SF main building with two 12' x 14' overhead doors, offices, lounge, restrooms, and a 6' x 8' dock door.
