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Property profile

0 Elmore Ave Davenport, IA 52807

OFF-MARKET
Land
21.95 ac lot
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Property summary

AI-generated overview

This exceptional 21.95-acre commercial land parcel is strategically located at the northwest corner of Veterans Parkway and Elmore Avenue in Davenport, Iowa, zip code 52807. Zoned CE, this property offers unparalleled visibility and accessibility due to its proximity to the intersection of Interstates 80 and 74. The asking price is $6,214,923, translating to approximately $6.50 per square foot. The site benefits from its location in a rapidly developing area, surrounded by established businesses and residential developments. Nearby businesses include Rhythm City Casino & Resort, Mills Chevrolet, Kohls, Kahl Senior Housing, Cross Creek Apartments, Super Walmart, Hobby Lobby, and Costco. This prime location provides excellent opportunities for a wide range of commercial ventures, capitalizing on high traffic counts and strong regional demographics. The property's size and strategic placement make it an ideal investment for developers seeking high-impact commercial projects in a thriving market. This is a rare opportunity to acquire a significant land parcel in a high-growth area of Davenport, Iowa. The property is situated in Scott County and offers exceptional interstate visibility, ensuring maximum exposure for any future development.

Property profile

Verified
Property type Land
Lot 21.95 ac (956,142 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Elmore Ave Davenport, IA 52807
Davenport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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