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Property profile & analytics
OFF-MARKET Estimated value $440,000
Drive through restaurants

3333 Kimberly Rd Davenport, IA 52806-3046

4,236 SF 1.02 ac lot Built 2007
Entity Owned 19-yr Hold Free & Clear
Property ID
US25-1259990
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2007
Total area 4,236 SF
Lot 1.02 ac (44,344 SF)
APN O1633-03B
UPID US25-1259990
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
  • Steak 'n Shake Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k
Owner & transaction history
Steak N Shake Operations INC · 19 yrs held
Steak N Shake Operations INC
since 2007
1 recorded transaction
2007
$560,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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