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    114 Myrtle St Davenport, IA 52802

    Sponsored
    For Lease
    $12 SF/Yr ($9,409 /Mo)

    Prime Riverfront Office & Retail Opportunity

    Lot size:
    8,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,780 square foot commercial property, situated on 0.87 acres at 114 Myrtle Street in Davenport's vibrant downtown, offers a unique blend of office and retail space. Built in 2014, the single-building property boasts 72 parking spaces, a significant advantage in this high-traffic area. Currently, 7,500 square feet are available for lease, with a maximum contiguous space of 2,500 square feet. The flexible layout is ideal for a variety of uses, including retail establishments, salons, or office spaces. Its prime location on a busy corner, with excellent visibility on River Drive, ensures high foot traffic and exposure. The property's proximity to John O'Donell Stadium, River Edge, and Centennial Park adds to its appeal. The M-2 zoning provides flexibility for potential tenants. The property features one suite, with the available space ranging from 1,400 to 2,500 square feet. This is a rare opportunity to secure a well-located, versatile commercial space in a thriving downtown setting. The ample parking and convenient location make this property an attractive option for businesses seeking a high-profile presence in Davenport. The property's APN is L0015-01A, located in Scott County.

    Property Features for 114 Myrtle St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,780 SF
    Total Rate
    9409.23

    Building Details

    Year Built
    2014
    Buildings
    1

    Unit(s) available at that property

    Space
    C
    Size
    1,400 SF
    Rate per SF
    $12

    HighLights

    • 8,780 SF multi‑tenant commercial building (Office & Retail).
    • 2,500 SF maximum contiguous space available.
    • 7,500 SF vacant space.
    • 0.87‑acre lot.
    • Built in 2014.
    • 72 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    CHILL VIBEZ BAR Bar & Grill El Tikal Guatemalan ... Restaurant NIYO'S BEAUTY&HAIR BRAIDING Beauty Supply Store Sisters Hair Braiding Beauty Salon Davi’s Good ‘Ol ... Soul Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5893769
    Latitude
    41.5204334

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    FAQs

    What type of property is this?
    Retail property - Prime Riverfront Office & Retail Opportunity
    Where is this retail property located?
    The property is located at 114 Myrtle St Davenport, IA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 8,780 SF multi-tenant commercial building (Office & Retail).; 2,500 SF maximum contiguous space available.; 7,500 SF vacant space.
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    114 Myrtle St Davenport, IA 52802
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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
    114 Myrtle St Davenport, IA 52802
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