Property profile

2705 Happy Joe Dr Bettendorf, IA 52722

FOR SALE
Office buildings
Property ID
US25-0657161
5,977 SF 1 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 2705 HAPPY JOE Drive in the heart of Bettendorf, presents a unique investment opportunity. The single-tenant office building boasts a total area of 11,954 square feet, thoughtfully divided into two floors of 5,977 square feet each. Its C-1 zoning allows for a variety of commercial uses, making it highly adaptable to diverse business needs. The building's attractive design and versatile layout offer significant potential for a wide range of businesses seeking a prominent location in a thriving community. The property consists of one building with no individual suites, making it ideal for a single occupant seeking ample space. The property's Assessed Parcel Number (APN) is 842123102. This is a rare opportunity to acquire a substantial, well-situated office building in a desirable Bettendorf location. The building's size and layout provide ample room for expansion or customization to meet specific business requirements. Its central location offers excellent accessibility and visibility, ensuring a strong presence within the community. This property is ready for immediate occupancy and presents a compelling investment opportunity for discerning buyers. The property's single-tenant occupancy simplifies management and provides a stable income stream. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. The property is zoned C-1, offering flexibility for various commercial uses.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1985
Total area 5,977 SF
Lot 1 ac (43,560 SF)
APN 842123102
UPID US25-0657161

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization
  • Landscaping General Contractor

Location

2705 Happy Joe Dr Bettendorf, IA 52722
Bettendorf metro Census 13705 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
$665k
Comparable Approach Comparable
$842k
Blend (final) Blend
$465k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.1M +0.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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