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    5800 Elmore Ave Davenport, IA 52807

    Sponsored
    For Sale
    $4,300,000

    15-Acre Development Site, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.25-acre commercial property, located at 5800 Elmore Avenue in Davenport, Iowa (zip code 52807), presents a unique investment opportunity. Zoned C-E, this site boasts unparalleled visibility and high traffic counts, situated within the 264-acre Elmore Corners master-planned development. The property benefits from its strategic location amongst upscale residential areas and thriving retail developments, including a significant Walmart complex featuring Dick's Sporting Goods, Golf Galaxy, Field & Stream, Hobby Lobby, and Tire Discount. Proximity to other major retailers such as Costco, Target, and Best Buy further enhances its desirability. This prime location is ideal for a variety of commercial uses, including destination retail, regional retail, and large-box retail establishments. The property offers significant potential for developers seeking a high-impact location with strong existing infrastructure and a rapidly growing surrounding community. The asking price for this exceptional development opportunity is $4,300,000. This is a rare chance to acquire a substantial parcel of land in a highly sought-after area of Davenport, Iowa. The property is ready for immediate development.

    Property Features for 5800 Elmore Ave

    General Information

    Property type
    Specialty properties
    Lot Size
    664,290 SF

    HighLights

    • $4,300,000 asking price.
    • 15.25‑acre lot zoned C‑E.
    • High visibility, high traffic count location in the 264‑acre Elmore Corners master‑planned development.
    • Surrounded by upscale residential, retail, and office developments.
    • Ideal for large‑format retail, situated across from a Walmart‑anchored shopping center including Dick's Sporting Goods, Hobby Lobby, and others.
    • Close proximity to Costco, Target, and Best Buy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5286582
    Latitude
    41.5783226

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    FAQs

    What type of property is this?
    Specialty property - 15-Acre Development Site, High Visibility
    Where is this specialty property located?
    The property is located at 5800 Elmore Ave Davenport, IA.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: $4,300,000 asking price.; 15.25-acre lot zoned C-E.; High visibility, high traffic count location in the 264-acre Elmore Corners master-planned development.
    (563) 823-5107
    Request Owner's contact information
    5800 Elmore Ave Davenport, IA 52807
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    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
    5800 Elmore Ave Davenport, IA 52807
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