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    4622 Progress Dr Davenport, IA 52807

    Sponsored
    For Sale
    $4,950,000

    Two-building office complex, 9,296 sq ft.

    Property size:
    9,296 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a two-building office complex ideally situated at 4622-4626 Progress Drive in Davenport, Iowa. The property boasts a total of 9,296 square feet of leasable space, spread across two single-story buildings. The buildings are situated on a substantial 16,123 square foot lot, providing ample space and potential for future development or expansion. The property is zoned C, offering flexibility for a variety of commercial uses. The asking price for this prime commercial real estate is $4,950,000. Located in Scott County, Iowa, with a Davenport address and zip code 52807, this property offers convenient access to local amenities and transportation routes. The property's single-story design provides ease of access and functionality. This is a rare opportunity to acquire a well-located, established office complex in a thriving market. The substantial lot size presents possibilities for future expansion or redevelopment, adding significant value to this already attractive investment. Serious inquiries are encouraged to explore this promising commercial property.

    Property Features for 4622 Progress Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    9,296 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • Two‑building office complex totaling 9,296 square feet of leasable space.
    • Situated on a 16,123 square foot lot in Davenport, IA.
    • Zoned C, allowing for versatile commercial use.
    • Asking price: $4,950,000.
    • Located at 4622‑4626 Progress Drive, Davenport, IA 52807.
    Property Profile Location Intelligence

    Current Use by Public Records

    UnityPoint Health - Trinity ... Medical Clinic Michael J Bertroche, ... Psychologist Bertroche J Michael ... Psychiatrist Dr. Tyson K. ... Orthopedic Surgeon Johnson Eyecare Eye Care Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5191737
    Latitude
    41.5679945

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    FAQs

    What type of property is this?
    Office Property / Space - Two-building office complex, 9,296 sq ft.
    Where is this office property / space located?
    The property is located at 4622 Progress Dr Davenport, IA.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: Two-building office complex totaling 9,296 square feet of leasable space.; Situated on a 16,123 square foot lot in Davenport, IA.; Zoned C, allowing for versatile commercial use.
    (563) 349-3030
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    4622 Progress Dr 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
    4622 Progress Dr Davenport, IA 52807
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