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    Elmore Ave Davenport, IA 52807

    For Sale
    $6,214,923

    Prime Davenport commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 21.95-acre commercial land parcel presents a significant development opportunity in Davenport, Iowa. Strategically located on the northwest corner of Veterans Parkway and Elmore Avenue, the property boasts excellent visibility and accessibility. Zoned CE, this expansive lot offers considerable potential for a variety of commercial uses. The asking price is $6,214,923, translating to approximately $6.50 per square foot. The area is experiencing rapid growth, with nearby established businesses including Rhythm City Casino & Resort, Mills Chevrolet, Kohls, Kahl Senior Housing, Cross Creek Apartments, Super Walmart, Hobby Lobby, and Costco. This prime location provides immediate access to major transportation arteries, including the I-80 and I-74 intersection, further enhancing its appeal to developers seeking high visibility and convenient access for their projects. The property's size and location make it an attractive investment for businesses seeking to establish a strong presence in a thriving commercial corridor. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area with significant potential for future growth and return on investment. The property is situated in Scott County, Iowa, with a Davenport address and 52807 zip code.

    Property Features for 0 Elmore Ave

    General Information

    Property type
    Land
    Lot Size
    956,142 SF

    HighLights

    • $6,214,923 asking price for 21.95 acres of commercial land.
    • Located in Davenport, IA, 52807, on Elmore Avenue.
    • Zoned CE.
    • Northwest corner of Veterans Parkway and Elmore Ave.
    • Excellent interstate visibility from I‑80 and I‑74.
    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 - Prime Davenport commercial land, ideal for development.
    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 $6,214,923.
    What are key features of this property?
    This property features: $6,214,923 asking price for 21.95 acres of commercial land.; Located in Davenport, IA, 52807, on Elmore Avenue.; Zoned CE.
    (563) 344-4295
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    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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