Technical
Financial
Distress signals
Property profile

5250 Elmore Ave Davenport, IA 52807

OFF-MARKET
Strip malls
Property ID
US25-0486274
45,624 SF 9.61 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 5250 Elmore Avenue in the Shoppes at Elmore, offers a prime opportunity for businesses seeking high-profile visibility and convenient access. The property encompasses a single building totaling 68,700 square feet, situated on a commercially zoned lot (APN: N0833-H). The space is currently multi-tenant, with 36,866 square feet immediately available for lease. Flexible lease options are available, with a minimum divisible space of 15,000 square feet and a maximum contiguous space of 36,866 square feet. The property features a large parking lot providing ample parking for customers and employees. The building boasts prominent signage opportunities along the highly trafficked Elmore Avenue, ensuring excellent exposure. The center includes 32,057 square feet of open inline space, easily adaptable to various business needs, and a convenient dock door for loading and unloading. Its strategic location within the Shoppes at Elmore places it among a vibrant mix of established businesses, including Aldi, Target, Chick-fil-A, Best Buy, PetSmart, and Ashley Furniture, further enhancing its appeal and drawing significant foot traffic. The property's proximity to 53rd Street and major interstates I-74 and I-80 provides unparalleled access to the Iowa and Illinois Quad Cities market, making it an ideal location for businesses seeking regional reach.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 45,624 SF
Lot 9.61 ac (418,453 SF)
APN N0833-02Q
UPID US25-0486274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Health
  • Medical Clinic

Location

5250 Elmore Ave Davenport, IA 52807-3466
Davenport metro Census 12902 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.46M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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