Mixed-Use Office/Warehouse
For Sale
Contact for pricing
4004 W Kimberly Road #C, Davenport, IA 52806
A renovated office component can be paired with clean industrial warehouse space for a combined workplace and storage facility.
Property Size11,320 SF
Price / SF$0.00
Days on Market30
Property Features for 4004 W Kimberly Road #C
General Information
Standard status
Active
Size
11,320 SF
Total Parking Spaces
36
Property subtype
Commercial
Additional Details
Condition
Newly Renovated
Property Use
Office
Amenities
reception area
oversized offices
conference-sized rooms
open work area
break room
Building Details
Year Built
1961
Listing Agency:
NAI Ruhl Commercial Company
(563) 355-4000
Listed By:
Alex Kelly · License #475.134777/S60345000
(309) 236-5489
Source:
Helenoliveri
Added: Oct 1
Changed: Oct 28
Last Checked: Oct 28 at 2:48PM
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 mixed-use property at 4004 W Kimberly Road in Davenport combines a renovated office layout with clean industrial warehouse space. The office includes a reception area, oversized offices, conference-sized rooms, an open work area and a break room. The warehouse can be combined with the office to create a single office-and-warehouse facility.
The property was built in 1961 and has a large on-site parking area. Its location is on W Kimberly Road in Davenport, Iowa.
The property was built in 1961 and has a large on-site parking area. Its location is on W Kimberly Road in Davenport, Iowa.
Key Highlights
- 4,220 SF renovated office space
- 7,100 SF of clean industrial warehouse space available for combination
- Combined office and warehouse area totals 11,320 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,214
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,764,280
$1.8M
Cap Rate 7%
$1,260,200
$1.3M
Cap Rate 9%
$980,156
$980.2K
Market Conditions
NOI Build-Up for 11,320 SF
Gross rent
$108.7K $9.60/SF
− Vacancy
−$4.9K −$0.43/SF
EGI
$103.8K $9.17/SF
− OpEx
−$15.6K −$1.38/SF
NOI
$88.2K $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%
$1,764,280
Cap Rate 7%
$1,260,200
Cap Rate 9%
$980,156
Alternative Uses
Best Use
Office B
$1.83M
$1.60M – $2.14M
NOI $128,369 @ 7.0% cap · market cap 1,604,612.50%
Second Best
Mixed Use
$1.55M
$1.35M – $1.80M
NOI $108,163 @ 7.0% cap · market cap 1,352,037.50%
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $171,028 @ 7.0% cap · market cap 2,137,850.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
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 Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A renovated office component can be paired with clean industrial warehouse space for a combined workplace and storage facility.
Where is this mixed-use property located?
The property is located at 4004 W Kimberly Road #C Davenport, IA.
What are key features of this property?
This property features: 4,220 SF renovated office space; 7,100 SF of clean industrial warehouse space available for combination; Combined office and warehouse area totals 11,320 SF
