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    315 4Th St Davenport, IA 52801

    Sponsored
    For Sale
    $2,500,000

    12,000 SF, 2-story building, prime downtown location.

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,000-square-foot creative office building presents a unique investment opportunity in the heart of historic downtown Davenport, Iowa. Situated at 315 W 4th St, 52801, this two-story, 1925-built structure offers a blend of character and modern functionality. The property sits on a 0.24-acre lot and boasts ample on-site parking, a significant advantage in a vibrant downtown area. The building's prime location places it in close proximity to a variety of restaurants, bars, hotels, and entertainment venues, ensuring high visibility and accessibility. With a daily traffic count of 9,441 vehicles on W 4th Street and 61st, the property benefits from significant pedestrian and vehicular traffic. The building features one drive-in bay, adding to its convenience and practicality. Given its age and historic nature, the property may qualify for historic tax credits, offering potential financial incentives for the buyer. This is a rare chance to acquire a substantial, well-located commercial property in a thriving downtown environment. The asking price is $2,500,000.

    Property Features for 315 4Th St

    General Information

    Property type
    Office space
    Square Feet
    12,000 SF
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1925
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Abundant on‑site parking.
    • Single drive‑in access.
    • High traffic count: 9,441 vehicles per day at W 4th Street and 61st.
    • 1925 construction; potential for historic tax credits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.577622181513
    Latitude
    41.523571746407

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    FAQs

    What type of property is this?
    Office space - 12,000 SF, 2-story building, prime downtown location.
    Where is this office space located?
    The property is located at 315 4Th St Davenport, IA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Abundant on-site parking.; Single drive-in access.; High traffic count: 9,441 vehicles per day at W 4th Street and 61st.
    Request Owner's contact information
    315 4Th St Davenport, IA 52801
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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
    315 4Th St Davenport, IA 52801
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