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Property profile & analytics
OFF-MARKET
Office buildings

328 59th St Davenport, IA 52807-2619

4,176 SF 0.39 ac lot Built 1976
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US25-0572119
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ew Classic Retros LLC · 1 yrs held
Ew Classic Retros LLC
since 2025
Last sale
$285,000
1 recorded transaction
2025
$285,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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