321 Locust St Davenport, IA 52803
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- Images Of You / Photography Service
Property Details for 321 Locust St
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
- APN
- F0001-54
- APU
- F000154
Description
This exceptional 20,720 square foot commercial land parcel in Davenport, Iowa, presents a unique investment opportunity. Located at 321 W Locust Street, this property boasts a highly visible location on a major thoroughfare, directly across from St. Ambrose University's campus, with over 3,000 students. The site is conveniently situated near key intersections, providing easy access to Locust, Brady, and Harrison Streets. Surrounded by established businesses including Aldi, Walgreens, Village Inn, and Kwik Shop, this location ensures high traffic and visibility. The level, well-drained lot features existing utilities, simplifying development. Zoned C Commercial, the property is ideal for a variety of uses, with a proposed build-to-suit option for a strip center or mixed-use building ranging from 4,250 to 8,600 square feet. The site's size allows for flexibility in design and development, catering to diverse business needs. For a vanilla shell build-to-suit, rental rates are projected between $26 and $35 per square foot. The property's APN is G0006-51. This is a rare chance to acquire a prime commercial land parcel in a thriving Davenport neighborhood. Don't miss this opportunity to capitalize on the high demand for commercial space in this area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5703
- Latitude
- 41.538
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
