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Property profile

5800 Elmore Ave Davenport, IA 52807

OFF-MARKET
Specialty properties
15.25 ac lot
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Property summary

AI-generated overview

This exceptional 15.25-acre commercial property, located at 5800 Elmore Avenue in Davenport, Iowa (zip code 52807), presents a unique investment opportunity. Zoned C-E, this site boasts unparalleled visibility and high traffic counts, situated within the 264-acre Elmore Corners master-planned development. The property benefits from its strategic location amongst upscale residential areas and thriving retail developments, including a significant Walmart complex featuring Dick's Sporting Goods, Golf Galaxy, Field & Stream, Hobby Lobby, and Tire Discount. Proximity to other major retailers such as Costco, Target, and Best Buy further enhances its desirability. This prime location is ideal for a variety of commercial uses, including destination retail, regional retail, and large-box retail establishments. The property offers significant potential for developers seeking a high-impact location with strong existing infrastructure and a rapidly growing surrounding community. The asking price for this exceptional development opportunity is $4,300,000. This is a rare chance to acquire a substantial parcel of land in a highly sought-after area of Davenport, Iowa. The property is ready for immediate development.

Property profile

Verified
Property type Specialty properties
Lot 15.25 ac (664,290 SF)

Cap rate & NOI

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

Location

5800 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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