1529 Washington St Davenport, IA 52804
- Office buildings
- 2,526 SF
- 0.12 lot acres
Current Use by Public Records
- Retail Therapy, Inc. / Social Services Organization / Health
- Globemaster Incorporated / Trucking Company
Property Details for 1529 Washington St
- Year built
- 1905
- Lot size
- 0.12 lot acres
- Property size
- 2,526 SF
- Property type
- Office buildings
- APN
- H0010-18
- APU
- H001018
Description
This exceptional commercial property located at 1529 Washington Street in Davenport, Iowa presents a fantastic investment opportunity. The 2,526 square foot building boasts a solid brick exterior, ensuring durability and low maintenance. Inside, you'll find a well-designed layout featuring six individual offices, perfect for a variety of business uses. Four bathrooms provide ample convenience for employees and clients. The property also includes the significant advantage of off-street parking, a valuable asset in a busy urban setting. Recent upgrades include a completely replaced roof in 2020, providing peace of mind for years to come. The updated HVAC system ensures year-round comfort and energy efficiency. Situated on a 0.12-acre lot, this property offers a manageable footprint with ample space for both the building and parking. The asking price of $175,000 represents a compelling value for a well-maintained, updated commercial building in a desirable location. This property is ready for immediate occupancy and presents a strong potential for immediate return on investment. Don't miss this chance to acquire a prime commercial property in the heart of Davenport.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $180,000
- 7%
- $175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $190,000
- Mixed-Use
- $220,000
- Hospitality
- $170,000
- Educational
- $230,000
- Residential Income
- $190,000
- Energy
- $210,000
- Income-Based Land
- $225,000
- Food Service
- $200,000
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5959
- Latitude
- 41.5357
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA