8420 Fairmount St Davenport, IA 52806-6443
- Warehouses
- 16,200 SF
- 1.09 lot acres
Current Use by Public Records
- Goldermann Lawn & Landscape / Lawn Care Service / Concrete Contractor
- 101 Mobility of Davenport / Mobility Equipment Supplier
- Dent Source LLC / Auto Body Shop
Property Details for 8420 Fairmount St
- Year built
- 2022
- Construction
- FRAME
- Lot size
- 1.09 lot acres
- Property size
- 16,200 SF
- Property type
- Warehouses
- APN
- V3223A02
- APU
- V3223A02
Description
This exceptional 16,200 square foot industrial property, located at 8420 N Fairmount Street, presents a unique investment opportunity. The single-tenant building sits on a parcel identified by APN V3223A02 and is zoned I-1, allowing for a variety of industrial uses. The property features one main building encompassing a total of 16,200 square feet, currently with 1,800 square feet vacant and immediately available. The existing tenant occupies the remaining space. The vacant space comprises 30x60 heated contractor suites, each equipped with a 14x14 automatic overhead door featuring a keypad and opener. Additional amenities include energy-efficient LED lighting, a concrete pad, 17-foot ceilings, a restroom, mop sink, floor drain with oil separator, water heater, water spigot, and 3-phase power. Each suite also includes designated parking. The tenant is responsible for all utilities. This property is ideal for a variety of businesses seeking flexible, well-equipped industrial space with convenient access and ample parking. The property's combination of size, features, and zoning makes it a highly desirable asset in a competitive market. Immediate occupancy is available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $400,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $395,000
- Mixed-Use
- $365,000
- Hospitality
- $320,000
- Educational
- $355,000
- Residential Income
- $390,000
- Energy
- $385,000
- Income-Based Land
- $390,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.6294
- Latitude
- 41.6047
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
