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    Former Auto Parts Storefront Title is generated by Realmo AI

    2020 E Locust St, Davenport, IA 52803

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    Former O’Reilly Auto Parts store for sale.

    Type:Mixed Use, Retail
    Property size:
    6,776 SF
    Price / SF:
    $126/SF
    Added:
    Feb 26, 2026
    Days on Market:
    121
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 2020 E Locust St

    General Information

    Standard status
    Active
    Size
    6,776 SF
    Property subtype
    Mixed Use, Retail

    Building Details

    Year Built
    2001

    We can help!

    Contact an agent
    Trev Adair
    Trev Adair

    Listing office Pinnacle Realty

    Listing date Feb 26, 2026

    Source Crexi

    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 Pinnacle Realty

    HighLights

    • Priced below assessed value.
    • Bonus adjacent lot zoned for multi‑family.
    • Former O’Reilly Auto Parts store.
    • Year Built: 2001.
    • Empty building.
    • Taxes: $27,720 / yr.

    Overview

    This is a 6,776 square-foot building that formerly housed an O’Reilly Auto Parts store. The property is for sale and priced below its assessed value. The annual taxes are $27,720. An adjacent lot is included, which is currently zoned for multi-family use. The property was previously used as an auto shop, automotive property, retail space, and storefront.

    Local Financial Insights For Retail

    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 $101.6k $15.00
    − Vacancy −$8.1k −$1.20
    EGI $93.5k $13.80
    − OpEx −$28.1k −$4.14
    NOI $65.5k $9.66
    6,776 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $935.1K
    $818.2K – $1.09M (±1% cap)
    NOI $65,456 @ 7.0% cap · market cap 7.62%
    Second Best
    Industrial
    $579.3K
    $506.9K – $675.9K (±1% cap)
    NOI $40,554 @ 7.0% cap · market cap 4.72%
    Theoretical Best
    Office A
    $1.46M
    $1.28M – $1.71M (±1% cap)
    NOI $102,375 @ 7.0% cap · market cap 11.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    O'Reilly Auto Parts Auto Parts Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Kevin's Mechanic Shop — 1125 warren st, davenport, ia 52804
    • Brendens Break Jobs — 1318 Brown St, Davenport, IA 52804
    • Vics Repair — 229 W 16th St, Davenport, IA 52803
    • Outlaw Muffler & Brake — 1326 N Harrison St, Davenport, IA 52803
    • John's Towing Inc — 1327 Pershing Ave, Davenport, IA 52803

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.547321
    Latitude
    41.539078

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    FAQs

    What type of property is this?
    Auto shop - Former O’Reilly Auto Parts store for sale.
    Where is this auto shop located?
    The property is located at 2020 E Locust St Davenport, IA.
    What is the asking price?
    The asking price for this property is $859,031.
    What are key features of this property?
    This property features: Priced below assessed value.; Bonus adjacent lot zoned for multi‑family.; Former O’Reilly Auto Parts store.
    (319) 350-9476 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Trev Adair
    Trev Adair
    Real Estate License ID: 322502720
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