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Multi-Tenant Office Building
New
For Sale
$2,750,000

3425 E Locust St, Davenport, IA 52803

An elevator-served property includes occupied office suites, rented garage space, and on-site parking.

Property Size25,157 SF
Lot Size2.53 Acres
Price / SF$109.31
Days on Market3

Property Features for 3425 E Locust St

General Information

Standard status Active
Size 25,157 SF
Elevators Yes
Lot size 2.53 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $67,626

Amenities

garage

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Hawkeye Commercial Real Estate
Listed By: Alix Holliday · License #S67568000/475.187949
Source: Exprealty
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 3:16PM

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 Hawkeye Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

The Davenport office property totals 25,157 square feet on approximately 2.53 acres. Current occupants include Allredi (Marco Group International), Brooks Law Firm, Forever Me, and Absolute Balance. An elevator serves the building, and on-site parking is available. The property also includes 3,792 square feet of garage space with seven overhead doors; the garage spaces are rented.

Approximately 8,292 square feet of first-floor space is expected to become available January 1, 2027. Existing tenants and rented garages provide additional occupancy and rental components alongside that upcoming space.

Key Highlights

  • 25,157‑square‑foot office property on approximately 2.53 acres
  • Approximately 8,292 square feet of first‑floor area expected available January 1, 2027
  • Existing occupants include Allredi (Marco Group International), Brooks Law Firm, Forever Me, and Absolute Balance

Property Analytics

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Current Use

Brooks Law Firm Law Firm Mc Cullough William ... Law Firm Marthen's Medical Clinic Dr. Samantha Boyd, ... Physician

Suggested Use

Top Pick Law Firm Restaurant Dental Office Auto Repair Shop Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 52803, IA

22,896
Population
10,427
Households
2.2
Avg Household Size
34
Median Age
35%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
4,489
Density / Sq Mi
$61,082
Median Household Income
$32,163
Median Earnings
$871
Median Rent
$157,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - An elevator-served property includes occupied office suites, rented garage space, and on-site parking.
Where is this office building located?
The property is located at 3425 E Locust St Davenport, IA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 25,157‑square‑foot office property on approximately 2.53 acres; Approximately 8,292 square feet of first‑floor area expected available January 1, 2027; Existing occupants include Allredi (Marco Group International), Brooks Law Firm, Forever Me, and Absolute Balance
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