Current Use by Public Records
- Commercial real estate
Property Details for 72Nd St
- Lot size
- 1.11 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.11-acre development opportunity is located at 0 W 72nd Street in Northwest Davenport, Iowa. The property consists of two contiguous lots ideally suited for multi-family residential construction. Its strategic location offers significant advantages. The site is zoned for multi-family use, simplifying the development process and maximizing potential returns. Furthermore, its proximity to a city park provides residents with convenient access to green space and recreational amenities. The surrounding area is a mix of single-family homes and multi-family residential buildings, creating a well-established and desirable neighborhood. The location also benefits from excellent access to a variety of amenities, including numerous industrial users, the recently constructed Amazon fulfillment center, and a diverse selection of dining and shopping establishments. This presents a unique chance to capitalize on the growing demand for housing in a thriving area of Davenport. The combined acreage offers considerable flexibility in design and development, allowing for a range of project sizes and configurations. This property represents a compelling investment opportunity for developers seeking to build high-quality multi-family housing in a prime location with strong existing infrastructure and convenient access to employment centers and daily conveniences. The asking price is $90,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.6128
- Latitude
- 41.5937
