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Property profile & analytics
OFF-MARKET Estimated value $1,445,000
Strip malls

2720 Locust St Davenport, IA 52804-3357

47,790 SF 6.15 ac lot Built 1965
Individually Owned 12-yr Hold ~ Est. High Equity
Property ID
US25-2259530
Property summary
AI-generated overview

This exceptional 5,060 square foot commercial land parcel is located at 2720 Locust Street in Davenport, Iowa, zip code 52804. The property is zoned C-2, offering a wide range of development possibilities. Currently vacant land, this single-tenant site presents a unique opportunity for investors and developers seeking a strategic location within a thriving commercial area. The property's APN is O2114A061. Its ideal location provides excellent visibility and accessibility, making it suitable for a variety of commercial uses, including retail, office, or warehouse space. The property's size allows for significant flexibility in design and development, catering to a range of business needs. Given its zoning and location, this parcel represents a compelling investment opportunity in a dynamic market. The property is situated in Davenport, Iowa, a city known for its robust economy and growing commercial sector. This prime location offers easy access to major transportation routes and a strong customer base. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. Further details regarding lease terms are available upon request.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 47,790 SF
Lot 6.15 ac (267,890 SF)
APN O2114A061
UPID US25-2259530
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
  • Just Because Gifts & Home Accessories (Bike/Boat/Book/etc) Store
  • Genesis Physical Therapy, Valley Fair Medical Clinic
  • CBD-KRATOM Quad Cities (Bike/Boat/Book/etc) Store Pharmacy
  • Papa John's Pizza Restaurant
  • The Vaporosity Shop West (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.45M
Owner & transaction history
Windmill Hill Lc · 12 yrs held
Windmill Hill Lc
since 2014
1 recorded transaction
2014
$2.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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