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3709 Harrison St Davenport, IA 52806-5906

OFF-MARKET Office buildings Google Maps
7,312 SF 0.72 ac lot Built 1989
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$970k
Range $873k – $1.07M (±10%)
Property ID US25-0639144

Property summary

AI-generated overview

This exceptional 7,400 square foot single-tenant office building is located at 3709 N Harrison St, Davenport, IA 52806. The property offers a highly functional layout ideal for a variety of professional businesses. The main floor boasts a well-designed configuration including several private offices, a dedicated conference room perfect for client meetings or internal collaborations, and a convenient kitchen area for staff. This thoughtful design promotes both productivity and employee comfort. The lower level provides even more expansive office space, along with a sizable training center, offering significant flexibility for employee development or client workshops. The building's traditional office style provides a professional and established image. The property is situated in Davenport, Iowa, offering easy access to major transportation routes and local amenities. This is a rare opportunity to acquire a well-maintained, single-tenant office building in a desirable location. The building's size and layout make it suitable for a range of professional uses, providing ample space for growth and expansion. Its strategic location in Davenport ensures excellent visibility and accessibility for clients and employees alike. This turnkey solution offers immediate occupancy and the potential for long-term stability.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 7,312 SF
Lot 0.72 ac (31,155 SF)
APN P1411-02D
UPID US25-0639144

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Trucking Company
  • Real Estate Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$985k
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$884k
Blend (final) Blend
$970k

Owner & transaction history

since 2023
Last sale
$975,000
5 recorded transactions
2023
$975,000
2022
Price N/A
2016
Price N/A
2015
$381,500
2013
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.3M +70.0%
Auto repair, garage $1.2M +58.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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