Endcap Flex
3151 W 76th St. Unit 7, Davenport, IA 52806
For Sale
Contact for pricing
The layout pairs finished office and meeting areas with a heated and cooled shop.
Property Size2,700 SF
Price / SF$92.59
Days on Market39
Property Features for 3151 W 76th St. Unit 7
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Mezzanine
Conditioned Warehouse
Additional Details
Property Use
Listing Agency:
NAI Ruhl Commercial Company
Listed By:
Ethan Simons · License IA S65924000, IA 475.178290
(309) 281-9183
Source:
Crexi
Added: Oct 2
Changed: Nov 8
Last Checked: Nov 8 at 2:15PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,700-square-foot flex property is configured with 1,000 square feet of office space, including three private offices, ADA restrooms, a reception area, and a kitchenette. A finished 900-square-foot mezzanine is arranged for meetings, while the 800-square-foot shop is heated and cooled. The shop also has an 18-foot ceiling and a 12-by-14-foot overhead door. The unit occupies an endcap position and is zoned I-1.
Key Highlights
- 2,700 SF total area in an endcap unit
- 1,000 SF of office space with three private offices, ADA restrooms, reception, and kitchenette
- Finished 900 SF mezzanine set up for meetings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,041
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,820
$420.8K
Cap Rate 7%
$300,586
$300.6K
Cap Rate 9%
$233,789
$233.8K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$25.9K $9.60/SF
− Vacancy
−$1.2K −$0.43/SF
EGI
$24.8K $9.17/SF
− OpEx
−$3.7K −$1.38/SF
NOI
$21.0K $7.79/SF
Area
Davenport, IA
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$420,820
Cap Rate 7%
$300,586
Cap Rate 9%
$233,789
Alternative Uses
Best Use
Flex RnD
$339.4K
$297.0K – $395.9K
NOI $23,756 @ 7.0% cap · market cap 9.50%
Second Best
Warehouse
$300.6K
$263.0K – $350.7K
NOI $21,041 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$582.8K
$509.9K – $679.9K
NOI $40,793 @ 7.0% cap · market cap 16.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 52806, IA
28,191
Population
12,092
Households
2.3
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
31.1 sq mi
ZIP Area
906
Density / Sq Mi
$73,682
Median Household Income
$42,744
Median Earnings
$976
Median Rent
$188,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The layout pairs finished office and meeting areas with a heated and cooled shop.
Where is this flex space located?
The property is located at 3151 W 76th St. Unit 7 Davenport, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,700 SF total area in an endcap unit; 1,000 SF of office space with three private offices, ADA restrooms, reception, and kitchenette; Finished 900 SF mezzanine set up for meetings
