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    Elmore Ave Davenport, IA 52807

    Sponsored
    For Sale
    $10,349,858

    31.68 Acres, Excellent Visibility, High-Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 31.68-acre commercial land parcel presents a unique investment opportunity in Davenport, Iowa. Strategically located at the northeast corner of Veterans Parkway and Elmore Avenue, this property boasts unparalleled visibility and accessibility. Zoned CE, it offers significant potential for a wide range of commercial developments. The asking price is $10,349,858, translating to $7.50 per square foot. The site benefits from its proximity to major transportation arteries, including the I-80 and I-74 intersection, ensuring high traffic volume and excellent exposure. This rapidly developing area is already home to established businesses such as Rhythm City Casino & Resort, Mills Chevrolet, Kohl's, Kahl Senior Housing, Cross Creek Apartments, Super Walmart, Hobby Lobby, and Costco, creating a strong and diverse commercial landscape. The property's location within Scott County, Iowa, and its Davenport address (0 Elmore Avenue, 52807) further enhance its desirability. This substantial acreage offers developers a chance to capitalize on the area's growth trajectory and create a landmark commercial project. The property's size and location make it ideal for large-scale development, offering significant return on investment potential. Further information regarding the surrounding area's development and demographics is readily available.

    Property Features for 0 Elmore Ave

    General Information

    Property type
    Land
    Lot Size
    1,379,981 SF

    HighLights

    • 31.68‑acre commercial land parcel in Davenport, IA.
    • Prime location at Veterans Parkway & Elmore Avenue with high visibility and accessibility.
    • Zoned CE, ideal for various commercial developments.
    • Asking price: $10,349,858 ($7.50/SF).
    • Excellent access to I‑80 and I‑74, ensuring high traffic counts.
    • Located near major retailers (e.g., Rhythm City Casino, Kohl's, Costco).
    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 - 31.68 Acres, Excellent Visibility, High-Growth Area
    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 $10,349,858.
    What are key features of this property?
    This property features: 31.68-acre commercial land parcel in Davenport, IA.; Prime location at Veterans Parkway & Elmore Avenue with high visibility and accessibility.; Zoned CE, ideal for various commercial developments.
    (563) 344-4295
    Request Owner's contact information
    Elmore Ave 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
    Elmore Ave Davenport, IA 52807
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