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    331 3Rd St Davenport, IA 52801

    Sponsored
    For Lease
    $9 SF/Yr

    Modern office space, flexible layouts, prime location.

    Lot size:
    35,944 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A commercial property, located at 331 W 3RD Street in Davenport, IA's Central Business District, offers 35,944 square feet of versatile office space. Built in 2004, the single building sits on a 0.24-acre lot and is zoned C-4. The property features multiple tenancies, with a minimum divisible space of 1,905 square feet and a maximum contiguous space of 17,683 square feet. Currently, 25,582 square feet is vacant, presenting a significant opportunity for businesses seeking flexible office solutions. The building includes elevators for convenient access. The property's address is 331 W 3RD Street, Davenport, IA 52801, with a cross street of Ripley. The property's APN is L006-23D. The annual property taxes are $3.68 per square foot. This location offers a blend of traditional office space, coworking options, and creative office environments, making it ideal for a variety of businesses. The property is categorized as Land, Office, and further classified as Commercial, Traditional Office, Coworking, and Creative Office.

    Property Features for 331 3Rd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,944 SF
    Class
    A
    Total Rate
    29803.57

    Building Details

    Year Built
    2004
    Buildings
    1

    Unit(s) available at that property

    Space
    Suite 203
    Size
    1,905 SF
    Rate per SF
    $9
    Space
    Suite 200
    Size
    17,683 SF
    Rate per SF
    $9
    Space
    Suite 204
    Size
    3,864 SF
    Rate per SF
    $9
    Space
    Suite 201
    Size
    8,035 SF
    Rate per SF
    $9
    Space
    Suite 140
    Size
    3,900 SF
    Rate per SF
    $9

    HighLights

    • Class A, 35,944 SF office building in Davenport, IA's Central Business District.
    • Located at 331 W 3rd Street, Davenport, IA 52801 (cross street: Ripley).
    • Single building on a 0.24‑acre lot, built in 2004, zoned C‑4.
    • Features multiple tenancies, divisible from 1,905 SF to a maximum contiguous 17,683 SF.
    • Currently 25,582 SF vacant.
    • Includes elevators and offers traditional, coworking, and creative office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    SCORE Business Management Consultant Quad Cities Chamber ... Chamber Of Commerce Greater Davenport Redevelopment ... Non-Profit Organization Parking Ramp Parking Lot Open Software Solutions Software Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply 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
    -90.578469483773
    Latitude
    41.522268482559

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    FAQs

    What type of property is this?
    Office space - Modern office space, flexible layouts, prime location.
    Where is this office space located?
    The property is located at 331 3Rd St Davenport, IA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Class A, 35,944 SF office building in Davenport, IA's Central Business District.; Located at 331 W 3rd Street, Davenport, IA 52801 (cross street: Ripley).; Single building on a 0.24-acre lot, built in 2004, zoned C-4.
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    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
    331 3Rd St Davenport, IA 52801
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