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    2400 Spruce Hills Dr Bettendorf, IA 52722

    Sponsored
    For Sale
    $825,000

    Turnkey Restaurant, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This thriving Bettendorf restaurant, established for over 18 years, presents a rare investment opportunity. Located on a nearly 0.68-acre lot at 2400 Spruce Hills Drive, Bettendorf, IA 52722, this property boasts a prime location in a high-traffic area, close to new developments like the upcoming water park and ice rink. The single-building property, constructed in 1999, has been meticulously maintained, featuring recently updated HVAC systems (2018 & 2020) and a newly resurfaced parking lot (2024). The spacious interior includes ample seating for patrons and a large kitchen equipped with walk-in refrigeration and freezer units. All existing fixtures and inventory are included in the sale, providing a seamless transition for a new owner. The asking price is $825,000. This property is ideal for a continuation of the existing restaurant operation or for conversion to another commercial use. The significant lot size offers considerable potential for future expansion or development. Don't miss this chance to acquire a well-established business in a rapidly growing area.

    Property Features for 2400 Spruce Hills Dr

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1999
    Buildings
    1

    HighLights

    • $825,000 asking price.
    • Land and retail property with restaurant use.
    • 1999 construction, single building.
    • Established restaurant in high‑traffic Bettendorf, IA location.
    • Recent updates include HVAC (2018 & 2020) and parking lot (2024).
    • Features ample seating, large kitchen with walk‑in cooler and freezer, and all fixtures and inventory included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Azteca 3 Authentic ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bettendorf
    County
    Scott
    State
    Iowa
    Longitude
    -90.4990962
    Latitude
    41.5488081

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 2400 Spruce Hills Dr Bettendorf, IA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: $825,000 asking price.; Land and retail property with restaurant use.; 1999 construction, single building.
    Request Owner's contact information
    2400 Spruce Hills Dr Bettendorf, IA 52722
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2400 Spruce Hills Dr Bettendorf, IA 52722
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