End-Unit Flex Space with
For Sale
$250,000
7-3131 W 76th St, Davenport, IA 52806
Finished office areas sit alongside a warehouse bay with an overhead door.
Property Size2,700 SF
Price / SF$92.59
Days on Market11
Property Features for 7-3131 W 76th St
General Information
Standard status
Active
Size
2,700 SF
Zoning
I-1
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
800 SF
Mezzanine
900 SF
Taxes and HOA fees
Annual Taxes
$5,712
Listing Agency:
NAI Ruhl Commercial Company
(563) 355-4000
Listed By:
Ethan Simons · License #S65924000/475.178290
(309) 281-9183
Source:
Exprealty
Added: Sep 29
Changed: Oct 6
Last Checked: Oct 7 at 1:36PM
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 end-unit flex condominium contains 2,700 SF, arranged with an 800 SF warehouse area and 900 SF finished mezzanine currently configured as a conference room. The warehouse has a 12-by-14-foot overhead door and 18-foot ceiling. Remaining space is finished for office use, with a reception area, three private offices, a kitchenette, and two ADA restrooms.
The property is zoned I-1, allowing light industrial and office uses.
The property is zoned I-1, allowing light industrial and office uses.
Key Highlights
- 2,700 SF end‑unit flex condominium
- 800 SF warehouse with a 12x14 OH door and 18' ceiling
- 900 SF finished mezzanine currently used as a conference room
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.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Well-served
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Finished office areas sit alongside a warehouse bay with an overhead door.
Where is this flex space located?
The property is located at 7-3131 W 76th St 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 end‑unit flex condominium; 800 SF warehouse with a 12x14 OH door and 18' ceiling; 900 SF finished mezzanine currently used as a conference room
