Technical
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Property profile

328 59th St Davenport, IA 52807

OFF-MARKET
Office buildings
Property ID
US25-0572119
4,176 SF 0.39 ac lot Built 1976
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This single-tenant industrial flex space, totaling 4,176 square feet, is available for lease with possession on July 1, 2024. Located at 328 E 59th St, Davenport, IA 52807, this Class B building sits on 0.39 acres and offers excellent access to State Hwy 61 (Brady Street) and US I-80. Built in 1976, the one-story building features 1,656 square feet of office space, including a private office, reception area, training room, and two restrooms. The 2,520-square-foot warehouse area boasts three grade-level drive-in doors (two measuring 9'H x 10'W and one 10'W x 9'H), a floor drain, utility sink, and eye wash station. The property includes ten parking spaces. The zoning is I-1. Taxes are $1.25 per square foot. Base rent is $8.00 per square foot net, plus taxes and insurance of $1.60 per square foot. Tenant is responsible for utilities, janitorial services, snow removal, lawn care, dumpster, and general property maintenance. The previous tenant will vacate on June 30, 2024. This property presents a fantastic opportunity for a business seeking efficient and well-located industrial space in Davenport.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Total area 4,176 SF
Lot 0.39 ac (16,820 SF)
APN X1201-07B
UPID US25-0572119

Cap rate & NOI

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

Location

328 59th St Davenport, IA 52807-2619
Davenport metro Census 12801 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$285,000
1 recorded transaction
2025
$285,000

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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