Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    315 4Th St Davenport, IA 52801

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

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

    Property size:
    12,000 SF

    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

    We can help!

    Listing Contact
    Riley Hogan
    Riley Hogan

    Listing Agency: CBRE Des Moines Listing Agent: Riley Hogan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    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 Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    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

    Nearby Similar for Sale

    • $960,000
      2.28 Acres

      Turnkey Condo Building on 2+ Acres

      12-unit condo building with expansion potential in Davenport, Iowa.
      2218 Emerald Dr, Davenport, IA 52804
      View Details
    • $199,900

      Davenport Duplex Near Universities

      Well-located duplex near transportation and universities, ideal for investors.
      125/127 E Locust St, Davenport, IA 52803
      View Details
    • $159,900

      Turnkey Davenport Fourplex For Sale

      Fully occupied fourplex with recent renovations and significant capital improvements.
      120 N Pine St, Davenport, IA 52802
      View Details
    • $165,000

      Income Producing Davenport Duplex

      Updated duplex in central Davenport, close to amenities and recreation.
      2209 Farnam St, Davenport, IA 52803
      View Details
    • $152,000
      0.09 Acres

      Davenport Multifamily with Parking Lot

      Davenport multifamily property with parking and storage units.
      223 S Lincoln Ave, Davenport, IA 52802
      View Details
    • $250,000
      0.26 Acres

      Davenport Duplex on West Side

      Duplex with spacious kitchen, basement, and private laundry hookups.
      3932 N Elsie Ave, Davenport, IA 52806
      View Details
    • $850,000
      7,400 SF

      Office and Training Center Building

      Office building with training center near Business Route 61.
      3709 North Harrison St, Davenport, IA 52806
      View Details
    • Contact for pricing

      Davenport Farm with Development Potential

      Farm located in Davenport with potential for development.
      S Utah Ave, Davenport, IA 52802
      View Details
    • $975,000
      7,400 SF

      Davenport Office Building - $975K

      7,400 SF Vacant Office Building in Iowa
      3709 Harrison St, Davenport, IA 52806
      View Details
    • $1,495,000
      79,573 SF

      Downtown Davenport Office Condo

      Historic building, prime location, river views.
      131 2Nd St, Davenport, IA 52801
      View Details
    • $859,031
      6,776 SF

      Commercial Property in Davenport, Iowa

      Commercial property for sale in Davenport, Iowa, with 6,776 square feet.
      2020 E Locust St, Davenport, IA 52803
      View Details
    • $350,000
      5,106 SF

      Davenport Retail Investment Opportunity

      Vacant Convenience Store, High Potential
      813 2Nd St, Davenport, IA 52802
      View Details

    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.
    (515) 415-6115 Call to check price and availability
    Request Owner's contact information
    315 4Th St Davenport, IA 52801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    315 4Th St
    Davenport, IA 52801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Riley Hogan
    Riley Hogan
    Real Estate License ID: F03815000
    (515) 415-6115
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!