14.83 acres Elmore Ave Davenport, IA 52807
This exceptional 14.83-acre commercial land parcel is strategically located on Elmore Avenue in Davenport, Iowa, within the 52807 zip code. Zoned CE, this property offers significant development potential due to its high visibility from the intersection of Interstates 80 and 74. The asking price is $4,198,968, translating to approximately $6.50 per square foot. The site benefits from its proximity to a rapidly growing area, boasting established businesses such as Rhythm City Casino & Resort, Mills Chevrolet, Kohls, Kahl Senior Housing, Cross Creek Apartments, Super Walmart, Hobby Lobby, and Costco. This prime location ensures excellent access and exposure for any commercial venture. The property's size and location make it ideal for a variety of commercial developments, capitalizing on the high traffic counts and strong regional economy. Further investigation into the site's potential uses is encouraged given its strategic location and substantial acreage. This is a rare opportunity to acquire a significant commercial land holding in a thriving area of Davenport. The property is part of a larger 107.17-acre tract that is subdivided into six lots.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.