Contiguous Warehouse-Office
3131 W 76th St Davenport, IA 52806
3131 W 76th St, Davenport, IA, 52806
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For Sale
Contact for pricing
Two contiguous warehouse units feature 12'x14' overhead doors, restrooms, and a fenced complex.
Property Size1,500 SF
Price / SF$133.33
Days on Market91
Property Features for 3131 W 76th St
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2006
Listing agency
The Hawkeye Group
(563) 344-4295
Listed by
Chris Wilkins · License #475139041
Source
Crexi
Added: Apr 22 Updated: Jul 20 at 7:25PM Checked: Jul 21 at 4:54AM
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 The Hawkeye Group
Investment Insights
Based on property information with market context.
Two contiguous units (33 and 34) are available at Silver Creek Commons, with each unit served by a 12' x 14' overhead (OHD) door. Unit 34 includes a small office area, and both units have a restroom.
The entire complex is fenced, providing a contained setting for the warehouse/office use. The property is offered for sale, and the units can be leased or sold separately or together.
The listed lease rates are described as full gross, including utilities.
The entire complex is fenced, providing a contained setting for the warehouse/office use. The property is offered for sale, and the units can be leased or sold separately or together.
The listed lease rates are described as full gross, including utilities.
Key Highlights
- Two contiguous warehouse units (Units 33 and 34) available at Silver Creek Commons
- Each unit includes a 12' x 14' overhead door
- Both units have a restroom; Unit 34 also includes a small office area
Local Financial Insights For Office B
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 | $27.0k | $18.00 |
| − Vacancy | −$4.3k | −$2.88 |
| EGI | $22.7k | $15.12 |
| − OpEx | −$5.7k | −$3.78 |
| NOI | $17.0k | $11.34 |
1,500 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$243.0K
$212.6K – $283.5K
NOI $17,010 @ 7.0% cap · market cap 8.51%
Second Best
Warehouse
$167.0K
$146.1K – $194.8K
NOI $11,689 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$323.8K
$283.3K – $377.7K
NOI $22,663 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
TLC Medical
Production Facility
Total Health and Performance ...
Alternative Medicine Practice
Good Sign
(Bike/Boat/Book/etc) Store
Fiber Clear
(Bike/Boat/Book/etc) Store
Golf Green
Landscaping
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- Riley Moving and Storage — 7312 Hancock Ct, Davenport, IA 52806
FAQs
What type of property is this?
Warehouse - Two contiguous warehouse units feature 12'x14' overhead doors, restrooms, and a fenced complex.
Where is this warehouse located?
The property is located at 3131 W 76th St Davenport, IA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two contiguous warehouse units (Units 33 and 34) available at Silver Creek Commons; Each unit includes a 12' x 14' overhead door; Both units have a restroom; Unit 34 also includes a small office area
