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Property profile & analytics
OFF-MARKET Estimated value $510,000
Strip malls

1150 Kimberly Rd Davenport, IA 52807-1934

5,076 SF 0.75 ac lot Built 2006
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US25-0479350
Property summary
AI-generated overview

This exceptional commercial property at 1150 E Kimberly Road in Davenport, Iowa, offers 5,076 square feet of retail and office space within a single building. The property is zoned C-2 and features a total of 15 parking spaces, providing ample convenience for customers and employees. Currently, one suite of 2,050 square feet is available for lease, commencing January 1, 2022. The building is situated on a high-profile corner lot at the intersection of Bridge and Kimberly Roads, ensuring excellent visibility and high traffic exposure. This prime location benefits from the presence of established businesses such as Starbucks and Ray'Z Barber Shop, creating a synergistic and thriving commercial environment. The property's parcel number is P1311D04. This is a unique opportunity to secure a well-located commercial space in a bustling Davenport neighborhood. The property's single building structure simplifies management and maintenance, while the multiple tenancy zoning allows for flexibility in potential uses. The 2,050 square foot suite offers significant potential for a variety of retail businesses seeking a high-visibility location with strong foot traffic. Interested parties should inquire for further details.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Total area 5,076 SF
Lot 0.75 ac (32,844 SF)
APN P1311D04
UPID US25-0479350
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Urban Chic Boutique Clothing & Fashion Store
  • Ray'z Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$473k
Blend (final) Blend
$510k
Owner & transaction history
Blu Sky Properties 2 LLC · 8 yrs held
Blu Sky Properties 2 LLC
since 2017
3 recorded transactions
2021
Price N/A
2018
Price N/A
2017
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $835,000 +92.0%
Office building $600,000 +38.1%
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