Purpose-Built Bank Branch
3325 W Kimberly Rd Davenport, IA 52806
3325 W Kimberly Rd, Davenport, IA, 52806
Contact for pricing
For Sale
Contact for pricing
Bank branch building on a corner-entry parcel within a Walmart-anchored development.
Property Size3,175 SF
Lot Size1.40 Acres
Price / SF$313.39
Days on Market67
Property Features for 3325 W Kimberly Rd
General Information
- Standard status
- Active
- Size
- 3,175 SF
- Lot size
- 1.40 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing agency
NAI Ruhl Commercial Company
(309) 236-5489
Listed by
Alex Kelly · License #475.134777/S60345000
Source
Crexi
Added: May 17 Updated: Jul 21 at 1:07AM Checked: Jul 21 at 10:59AM
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
Investment Insights
Based on property information with market context.
This 3,175 SF bank branch building is situated on a 1.40-acre corner-entry parcel within a Walmart-anchored development. Constructed in 2015, the property is purpose-built for financial institution use and includes a complete suite of banking-specific improvements.
The site features drive-thrus and ATM integration, along with digital signage. The building is described as being in excellent condition.
Designed to support a streamlined branch opening, the property’s banking-focused infrastructure is intended to reduce the cost and timeline for a new location in the NW Davenport area.
The site features drive-thrus and ATM integration, along with digital signage. The building is described as being in excellent condition.
Designed to support a streamlined branch opening, the property’s banking-focused infrastructure is intended to reduce the cost and timeline for a new location in the NW Davenport area.
Key Highlights
- 3,175 SF bank branch building built in 2015 on a 1.40‑acre corner‑entry parcel (Parcel O163505)
- Purpose‑built for financial institution use with banking‑specific improvements throughout the building
- Walmart‑anchored development location along W Kimberly Rd in NW Davenport
Local Financial Insights For Specialty 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 | $51.4k | $16.20 |
| − Vacancy | −$3.3k | −$1.05 |
| EGI | $48.1k | $15.15 |
| − OpEx | −$12.0k | −$3.79 |
| NOI | $36.1k | $11.36 |
3,175 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$515.3K
$450.9K – $601.2K
NOI $36,069 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$438.1K
$383.4K – $511.2K
NOI $30,670 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$685.3K
$599.6K – $799.5K
NOI $47,969 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
TBK Bank
Bank
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Bank branch building on a corner-entry parcel within a Walmart-anchored development.
Where is this bank located?
The property is located at 3325 W Kimberly Rd Davenport, IA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3,175 SF bank branch building built in 2015 on a 1.40‑acre corner‑entry parcel (Parcel O163505); Purpose‑built for financial institution use with banking‑specific improvements throughout the building; Walmart‑anchored development location along W Kimberly Rd in NW Davenport
