2145 Kimberly Rd Davenport, IA 52807-2224
Property Lookup
Property profile & analytics
2145 Kimberly Rd Davenport, IA 52807-2224
- Car washes
- 12,412 SF
- 1.75 lot acres
Property ID
US25-0517131
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.
Location Intelligence
Current Use by Public Records
- Pro-Clean Car Wash & Detailing / Car Wash
Property Details for 2145 Kimberly Rd
- Year built
- 2001
- Lot size
- 1.75 lot acres
- Property size
- 12,412 SF
- Property type
- Car washes
- APN
- N1815-01B
- APU
- N181501B
Description
Exceptional investment opportunity: This thriving Pro Clean Car Wash, located at 2145 E Kimberly Rd, Davenport, IA 52807, offers a compelling return. The 12,403 square foot facility sits on a 1.77-acre lot and boasts a strong 6.50% cap rate, generating a net operating income (NOI) of $216,366. Built in 2001 and renovated in 2021, the property is currently operating under a 20-year triple net (NNN) lease, with 15 years remaining, commencing October 24, 2019, and expiring October 31, 2039. The lease includes a corporate guarantee from the operator, eliminating landlord responsibilities. The asking price is $3,328,708, translating to $268.38 per square foot. Annual rent is $216,366 with scheduled 1.50% annual increases. This property qualifies for bonus depreciation, further enhancing its investment appeal. The 100% occupancy rate underscores the consistent demand and profitability of this established car wash business. This is a turnkey investment with significant long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,960,000
- ML approach
- $2,820,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $2,040,000 Current use
- MEDICAL BUILDING
- $2,185,000 Change: +7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5453
- Latitude
- 41.5561
- 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
$50,942
$411,640
$1,165,170
$1,576,810
-
$411,640
$1,165,170
$1,576,810
