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Property profile & analytics
FOR LEASE
Commercial land

331 W 3Rd St Davenport, IA 52801

0.07 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US25-2570106
Property summary
AI-generated overview

This Class A commercial property, located at 331 W 3RD Street in Davenport, IA's Central Business District, offers 35,944 square feet of versatile office space. Built in 2004, the single building sits on a 0.24-acre lot and is zoned C-4. The property features multiple tenancies, with a minimum divisible space of 1,905 square feet and a maximum contiguous space of 17,683 square feet. Currently, 25,582 square feet is vacant, presenting a significant opportunity for businesses seeking flexible office solutions. The building includes elevators for convenient access. The property's address is 331 W 3RD Street, Davenport, IA 52801, with a cross street of Ripley. The property's APN is L006-23D. The annual property taxes are $3.68 per square foot. This location offers a blend of traditional office space, coworking options, and creative office environments, making it ideal for a variety of businesses. The property is categorized as Land, Office, and further classified as Commercial, Traditional Office, Coworking, and Creative Office.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.07 ac (2,880 SF)
APN L0001A27
UPID US25-2570106
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
  • SCORE Volunteer Organization Business Administration Service
  • Quad Cities Chamber of Commerce Business Service Center Advocacy Group
  • Greater Davenport Redevelopment Corporation Charitable Organization Social Service Agency
  • Parking Ramp Parking Lot & Garage
  • Open Software Solutions (Bike/Boat/Book/etc) Store Corporate Office
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
Kpre LLC · 1 yrs held
Kpre LLC
since 2025
5 recorded transactions
2025
Price N/A
2020
Price N/A
2019
Price N/A
2014
Price N/A
2007
$10,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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