525 53Rd StDavenport, IA 52807

Property Details for 525 53Rd St

Lot size

1.55 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1.55-acre commercial and industrial land parcel, located at 525 E 53rd Street in Davenport, Iowa (zip code 52807, APN P1209-A02), presents a unique investment opportunity. Situated in a high-traffic area adjacent to Highway 61 and significant retail development, this property boasts excellent visibility and accessibility. The lot is level and ready for immediate development, already possessing easy access and egress from 53rd Street. The I-1 zoning permits a variety of commercial and industrial uses. Utilities including electricity, gas, water, and sewer are conveniently located on-site. A significant advantage is the inclusion of access to an upgraded detention system (Lot #2), eliminating the acquisition cost for this crucial infrastructure. The new owner will only be responsible for 50% of the RETX and CAM fees on an annual basis. A build-to-suit option is also available, offering flexibility for potential buyers. This property's prime location, combined with its readily available infrastructure and build-to-suit potential, makes it an ideal investment for developers and businesses seeking a strategic location in a thriving area.

Location Insight

City

Davenport

County

Scott

State

Iowa

Latitude

41.5743

Longitude

-90.5687

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