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    2902 Indian Rd Davenport, IA 52802

    • Manufacturing properties
    • 7,518 SF
    • 1.22 lot acres
    For Sale
    View listing
    $799,000
    Value Estimation
    Last Sale
    Oct 24, 2022
    $325,000
    Location Intelligence
    Property ID
    US25-0974751
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 2902 Indian Rd

    Year built
    2001
    Construction
    FRAME
    Lot size
    1.22 lot acres
    Property size
    7,518 SF
    Property type
    Manufacturing properties
    APN
    J0030-17C
    APU
    J003017C

    Description

    This Davenport, IA property, located at 2902 INDIAN Road (APN J0030-17C), offers 11,990 square feet of flexible industrial/warehouse space available for lease starting March 1, 2024. The property consists of two buildings situated on a 1.22-acre lot and is zoned M-1. The warehouse space totals approximately 11,072 square feet and includes features such as 17-foot ceilings, forced air and radiant heat, three-phase electric, two overhead doors (one 16x20 and one 10x10 with a concrete dock), and two restrooms. There are also two internal offices, one measuring 72 square feet and the other 156 square feet. The approximately 918 square foot office area features a reception area, small kitchenette, bathroom with shower, and independent heating and air conditioning. The property also benefits from a fenced lot, outdoor storage, and ample space for loading and parking. A 24-hour notice is required for showings. This single-tenant property presents a significant opportunity for businesses seeking versatile industrial space in a convenient location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $405,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $385,000
      Mixed-Use
      $335,000
      Hospitality
      $370,000
      Educational
      $335,000
      Residential Income
      $320,000
      Energy
      $390,000
      Income-Based Land
      $325,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.6236
    Latitude
    41.5169
    CBSA code
    19340
    CBSA name
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,402
    $39,970
    $397,100
    $437,070
    -
    $39,970
    $397,100
    $437,070

    Comparable in this City

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      2923 Rockingham Rd

      MANUFACTURING (LIGHT) • 35,786 SF
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    • Value Estimation
      $600,000
      60,770 SF

      2935 Rockingham Rd

      MANUFACTURING (LIGHT) • 60,770 SF
      2935 Rockingham Rd, Davenport, IA 52802-2063
      View Details
    • Value Estimation by Request
      26,509 SF

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      510 Howell St

      MANUFACTURING (LIGHT) • 8,667 SF
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      105,868 SF

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      MANUFACTURING (LIGHT) • 105,868 SF
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      View Details

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    Similar Nearby for Lease

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    • $4 SF/Yr
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      Davenport Industrial Property For Lease

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    • $5 SF/Yr
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    • $12 SF/Yr
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    2902 Indian Rd
    Davenport, IA 52802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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