3333 Kimberly Rd Davenport, IA 52806-3046
This exceptional 4,236 square foot commercial property, situated on a highly visible 1.02-acre lot in Davenport, Iowa, presents a unique investment opportunity. Previously occupied by a Steak n Shake restaurant, the building is strategically located adjacent to a high-volume Walmart, ensuring significant foot traffic and brand recognition. The property boasts a prime location at 3333 W Kimberly Rd, 52806, at a signalized intersection offering tremendous visibility from West Kimberly Road. Monument signage is available, further enhancing marketing potential. The vacant building offers versatile space suitable for a variety of uses, including restaurant, office, or retail operations. The property's size and location make it ideal for a business seeking high visibility and convenient access. The asking price is $800,000. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Davenport, Iowa. The property includes one building on a 1.02-acre lot, offering ample space for expansion or redevelopment. Its strategic location near a major retailer and its high visibility make it an attractive option for a wide range of businesses. Don't miss this chance to secure a prime commercial property in a high-traffic area.
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Steak 'n Shake Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.