331 W 3Rd St, Davenport, IA 52801
For Lease
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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.
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SCORE Business Management Consultant Business Administration Service
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Quad Cities Chamber of Commerce Business Service Center Advocacy Group
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Greater Davenport Redevelopment Corporation Charitable Organization Social Service Agency
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Parking Ramp Parking Lot & Garage
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Open Software Solutions (Bike/Boat/Book/etc) Store Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.