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    2920 53Rd St Davenport, IA 52807

    For Lease
    $2 SF/Yr

    1,850 SF Retail Space, High Visibility

    Lot size:
    1,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,850 square foot commercial property is situated in the thriving Pheasant Creek Crossing Shopping Center, ideally positioned at the corner of 53rd Street and Elmore. Its prime location offers unparalleled visibility and exposure to a high volume of traffic. The property boasts easy access to I-74, a major transportation artery, ensuring convenient access for customers and employees alike. This single-tenant space is part of a larger retail corridor experiencing significant growth and development within the Quad Cities area, making it an attractive investment opportunity. The property includes 10 parking spaces, ensuring ample parking for patrons. The zoning designation is C-3, allowing for a variety of commercial uses. The property consists of one building with a single suite, making it an ideal space for a variety of businesses seeking high visibility and convenient access. The APN is Y0817-02M. This is a rare opportunity to acquire a well-located, high-visibility retail space in a rapidly developing area. The property's strategic location and ample parking make it an attractive option for businesses seeking to establish a strong presence in the Quad Cities market. Don't miss this chance to secure a prime commercial property in a high-growth area.

    Property Features for 2920 53Rd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,850 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    1,850 SF
    Rate per SF
    $2

    HighLights

    • 1,850 SF retail/office space on a single‑tenant land parcel.
    • Located in the Pheasant Creek Crossing Shopping Center at the high‑traffic corner of 53rd and Elmore.
    • Excellent visibility and access to I‑74.
    • Situated in a prime retail corridor with high development activity in the Quad Cities.
    • C‑3 zoning.
    • 10 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Collins Community Credit ... Mortgage Lender

    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
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5306379
    Latitude
    41.5755296

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    FAQs

    What type of property is this?
    Office Property / Space - 1,850 SF Retail Space, High Visibility
    Where is this office property / space located?
    The property is located at 2920 53Rd St Davenport, IA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 1,850 SF retail/office space on a single-tenant land parcel.; Located in the Pheasant Creek Crossing Shopping Center at the high-traffic corner of 53rd and Elmore.; Excellent visibility and access to I-74.
    Request Owner's contact information
    2920 53Rd St Davenport, IA 52807
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    Davenport, IA 52807
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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
    2920 53Rd St Davenport, IA 52807
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