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Property profile & analytics
OFF-MARKET Estimated value $3,615,000
Manufacturing properties

1833 2nd St Davenport, IA 52802-1809

103,083 SF 4.32 ac lot Built 1943
Entity Owned 5-yr Hold Free & Clear
Property ID
US25-0698165
Property summary
AI-generated overview

This exceptional 103,083-square-foot industrial property in Davenport, Iowa, presents a unique leasing opportunity. Located at 1833 W 2nd St, this Class B building boasts a recent 2023 renovation, encompassing a new roof, insulation, electrical system, plumbing, and energy-efficient LED lighting. The property features multiple suites, with a minimum divisible space of 12,120 square feet and a maximum contiguous space of 24,180 square feet. The building, constructed in 1943 and situated on 4.32 acres, offers a 20-foot ceiling height, ideal for various industrial uses. Loading and unloading are facilitated by one loading dock and one dock-high door, complemented by an additional drive-in door. Ample parking is available with 20 spaces. The property benefits from 3-phase power, crucial for many industrial operations. While elevators are not present, the building's layout and features are well-suited for efficient material handling. The I-1 zoning allows for manufacturing, warehousing, distribution, flex space, and other industrial applications. Convenient access to I-280 and River Drive ensures excellent transportation links. Office build-out options are available to customize the space to meet specific business needs. This property is an excellent choice for businesses seeking a modern, well-maintained industrial space in a strategic location. The APN is K0014-09A and the zip code is 52802.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1943
Total area 103,083 SF
Lot 4.32 ac (188,200 SF)
APN K0014-09A
UPID US25-0698165
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
  • ESCP Corporation Metal Fabrication Plant Factory
  • QC Press Works Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.66M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.19M
Blend (final) Blend
$3.62M
Owner & transaction history
Xliv LLC · 5 yrs held
Xliv LLC
since 2021
Last sale
$3.6M
1 recorded transaction
2021
$3.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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