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    331 3Rd St Davenport, IA 52801

    Sponsored
    For Lease
    $11 SF/Yr

    Prime Office, Flexible Suites, Ample Parking

    Lot size:
    25,582 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at the southeast corner of W. 3rd & Ripley Street in Downtown Davenport, offers a unique opportunity for businesses seeking flexible and high-quality office space. The New Ventures Building features a single, Class A office building encompassing approximately 25,582 square feet, divisible into suites ranging from approximately 1,905 square feet to the entire building. Situated in a vibrant downtown location, the property boasts excellent visibility and convenient access to a municipal parking ramp. The building itself includes a well-maintained common area lobby, secured access for enhanced security, and elevator service for easy access to all floors. Individual suites are designed to accommodate diverse business needs, offering a variety of configurations including private offices, collaborative conference rooms, convenient break rooms, and open workspaces. The property is zoned C-4, offering versatility for various commercial uses. The specific price per square foot and operating expenses are subject to negotiation and will vary depending on the size of the leased space and the chosen floor. The property's Asset Property Number (APN) is L006-23D. This is an ideal location for businesses seeking a prominent presence in the heart of Downtown Davenport.

    Property Features for 331 3Rd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,582 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    1 & 2
    Size
    25,582 SF
    Rate per SF
    $11

    HighLights

    • Land and office property totaling 25,582 square feet.
    • Single‑tenant occupancy.
    • 1 building with 1 suite.
    • C‑4 zoning.
    • APN: L006‑23D.
    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
    -90.5782902
    Latitude
    41.5222451

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office, Flexible Suites, Ample Parking
    Where is this office property / space located?
    The property is located at 331 3Rd St Davenport, IA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Land and office property totaling 25,582 square feet.; Single-tenant occupancy.; 1 building with 1 suite.
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    331 3Rd St Davenport, IA 52801
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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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