Davenport Contractor-Bay Investment
7205 HANCOCK Court Davenport, IA 52806
For Sale
Contact for pricing
Contractor-bay properties in Davenport's west industrial area for sale.
Property Size30,000 SF
Price / SF$98.33
Days on Market323
Property Features for 7205 HANCOCK Court
General Information
- Standard status
- Active
- Size
- 30,000 SF
- Property subtype
- Industrial, Self Storage
Building Details
- Year Built
- 2023
Listing Agency:
NAI Ruhl Commercial Company
(563) 355-4000
Listed By:
Shawn Langan · License #S62759000
Source:
Crexi
Added: Sep 5, 2025
Changed: Jul 6
Last Checked: Jul 24 at 10:06AM
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 investment package features contractor-bay properties located in the west industrial area of Davenport. The package includes 7205 Hancock Ct, built in 2023, identified as Parcel W04007C01, which comprises 10 units (Building 1, units #1A through #1F, and Building 2, units #2A through #2D). Additionally, the package includes 7217 Northwest Blvd, Davenport, IA 52806, featuring 7 units (#2A, #3A, #3B, #4B, #5A, #6A, #6B; Parcels W0407A02A, W0407A03A, W0407A03B, W0407A04B, W0407A05A, W0407A06A, W0407A06B). The suite sizes are approximately 1,500 SF (50x30), 2,000 SF (50x40), and 3,000 SF. Most units include 16' ceilings, a floor drain, a 200A electrical panel, an ADA restroom, a 14'x14' overhead door, and heat. The location provides quick access to I-80 and US-6, offering connectivity across the Quad Cities.
Key Highlights
- Investment package of contractor‑bay properties in Davenport's west industrial area.
- Prime location with quick access to I‑80 and US‑6, providing excellent connectivity across the Quad Cities.
- Includes 17 total units across two properties (7205 Hancock Ct and 7217 Northwest Blvd).
Financial Insights For Self Storage
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 | $396.0k | $13.20 |
| − Vacancy | −$33.7k | −$1.12 |
| EGI | $362.3k | $12.08 |
| − OpEx | −$108.7k | −$3.62 |
| NOI | $253.6k | $8.45 |
30,000 SF · lease $13.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$3.62M
$3.17M – $4.23M
NOI $253,638 @ 7.0% cap · market cap 8.60%
Second Best
Industrial
$2.56M
$2.24M – $2.99M
NOI $179,550 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$6.48M
$5.67M – $7.55M
NOI $453,254 @ 7.0% cap · market cap 15.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tomlinson-Cannon
Real Estate Agency
Vivid Auto Wraps
Auto Repair Shop
FAQs
What type of property is this?
Self storage facility - Contractor-bay properties in Davenport's west industrial area for sale.
Where is this self storage facility located?
The property is located at 7205 HANCOCK Court Davenport, IA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Investment package of contractor‑bay properties in Davenport's west industrial area.; Prime location with quick access to I‑80 and US‑6, providing excellent connectivity across the Quad Cities.; Includes 17 total units across two properties (7205 Hancock Ct and 7217 Northwest Blvd).
