Contractor/Warehouse Property For
2935 W 73RD Street, Davenport, IA 52806
I-zoned warehouse with paved lot, leased through May 2027.
Type:Industrial
Property size:
3,750 SFLot size:
1.14 AcresPrice / SF:
$93/SF- Added:
- Nov 14, 2025
- Days on Market:
- 226
- Last Refresh:
- Mar 25 at 8:28 am
Property Features for 2935 W 73RD Street
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Lot size
- 1.14 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1991
Listing office NAI Ruhl Commercial Company
Listing date Nov 14, 2025
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 NAI Ruhl Commercial Company
HighLights
- Excellent location with immediate connectivity to I‑80 and I‑74.
- Approximately 1.14 acres of extensive asphalt/concrete paving for parking, equipment, or outdoor storage.
- 3,000 SF warehouse with two 12’ x 14’ power overhead doors.
- Currently leased through May 2027 with renewal option, providing immediate income.
- Perimeter fencing with barbed wire and exterior lighting for security.
- Heated office area and restroom within the warehouse.
Overview
Located on Davenport’s northwest industrial side, this property is zoned I-1 and suitable for contractor or warehouse use. It features an approximate 3,000 square foot warehouse with two 12’ x 14’ power overhead doors, a heated office area, a restroom, and a suspended gas unit heater. The site is fully improved with approximately 1.14 acres (approximately 50,000 square feet) of extensive asphalt and concrete paving. Perimeter fencing with barbed wire and exterior lighting are present. Ample space is available for parking, equipment, or outdoor storage. The building is currently leased under a fixed-term agreement through May 2027 with a renewal option, and the additional lot is leased under a short-term agreement with a renewal option. It offers immediate connectivity to I-80 and I-74. The property includes parcels W0405A05 and W0405A06.
Local Financial Insights For Warehouse
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 | $36.0k | $9.60 |
| − Vacancy | −$1.6k | −$0.43 |
| EGI | $34.4k | $9.17 |
| − OpEx | −$5.2k | −$1.38 |
| NOI | $29.2k | $7.79 |
3,750 SF · lease $9.60/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$417.5K
$365.3K – $487.1K
NOI $29,223 @ 7.0% cap · market cap 8.35%
Second Best
Industrial
$320.6K
$280.6K – $374.1K
NOI $22,444 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$809.4K
$708.2K – $944.3K
NOI $56,657 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Davenport Mobile Truck ...
Auto Repair Shop
NuCO2
Industrial Gas Supplier
Similar Places Nearby
- Davenport Storage Center | 24-hour Access — 7319 Hancock Ct, Davenport, IA 52806
- Stuff It Storage — 7211 Hancock Ct, Davenport, IA 52806
- 73rd Street Storage — 7211 Hancock Ct, Davenport, IA 52806
- StorageMart — 6520 Northwest Blvd, Davenport, IA 52806
- Budget Storage Rental Spaces — 6520 Northwest Blvd, Davenport, IA 52806
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.618236
- Latitude
- 41.594482
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - I-zoned warehouse with paved lot, leased through May 2027.
Where is this warehouse located?
The property is located at 2935 W 73RD Street Davenport, IA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Excellent location with immediate connectivity to I‑80 and I‑74.; Approximately 1.14 acres of extensive asphalt/concrete paving for parking, equipment, or outdoor storage.; **3,000 SF warehouse with two 12’ x 14’ power overhead doors.**
