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    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 Financial Consultant 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
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    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
    2020
    2019
    2014
    2007
    $10,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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