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    Elmore Ave Davenport, IA 52807

    For Sale
    $1,202,260

    Prime Davenport commercial land, I-80/I-74 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.76-acre commercial lot is situated on the west side of Elmore Avenue in Davenport, Iowa, zip code 52807. The property is zoned CE and offers unparalleled visibility due to its strategic location. Priced at $1,202,260 ($10.00 per square foot), this land presents a significant investment opportunity in a rapidly growing area. The location boasts excellent interstate visibility from both I-80 and I-74, ensuring high traffic exposure for any future development. Surrounding businesses include prominent establishments such as Rhythm City Casino & Resort, Mills Chevrolet, Kahl Senior Housing, Cross Creek Apartments, Super Walmart, Hobby Lobby, and Costco, indicating a thriving and established commercial environment. This property is part of a larger 107.17-acre parcel divided into six lots, offering potential for expansion or synergy with neighboring developments. The property's location within Scott County, Iowa, provides access to a robust infrastructure and a strong local economy. This is an ideal site for a variety of commercial ventures seeking high visibility and proximity to major transportation arteries and established businesses. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

    Property Features for 0 Elmore Ave

    General Information

    Property type
    Land
    Lot Size
    120,226 SF

    HighLights

    • $1,202,260 asking price for 2.76 acres of commercial land.
    • Located in Davenport, IA, 52807, on Elmore Avenue in Scott County.
    • CE zoning.
    • Priced at $10.00 per square foot.
    • Excellent interstate visibility from I‑80 and I‑74.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5285809
    Latitude
    41.5733077

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    FAQs

    What type of property is this?
    Land - Prime Davenport commercial land, I-80/I-74 visibility.
    Where is this land located?
    The property is located at Elmore Ave Davenport, IA.
    What is the asking price?
    The asking price for this property is $1,202,260.
    What are key features of this property?
    This property features: $1,202,260 asking price for 2.76 acres of commercial land.; Located in Davenport, IA, 52807, on Elmore Avenue in Scott County.; CE zoning.
    (563) 344-4295
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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
    Elmore Ave Davenport, IA 52807
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