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Property profile & analytics
OFF-MARKET Estimated value $1,535,000
Office buildings

3425 Locust St Davenport, IA 52803-3534

25,157 SF 2.53 ac lot Built 1981
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1364314
Property summary
AI-generated overview

This exceptional 3,024 sq. ft. commercial property is situated at the highly visible corner of E Locust Street and Kimberly Road in East Davenport. The single-tenant space, located within a well-maintained building, offers convenient access to I-74, connecting businesses to the entire Quad Cities region. Ample parking and elevator service to the second-floor suite are key features, enhanced by key fob access for added security. The versatile layout includes an open floor plan, large private offices, a spacious kitchenette, and a substantial filing/storage room. Expansive windows provide abundant natural light, creating a bright and productive work environment. Common area restrooms are easily accessible. The C-T zoning allows for a variety of business uses, making this a perfect location for companies seeking high visibility and convenient access to major transportation routes. The property features one building with one suite and is identified by APN N2902B15. This high-traffic location offers excellent exposure and is ideal for businesses seeking a prominent presence in the East Davenport area. The property includes land, office, and retail space, making it a truly versatile investment opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 25,157 SF
Lot 2.53 ac (110,000 SF)
APN N2902B15
UPID US25-1364314
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
  • Brooks Law Firm Law Firm
  • Mc Cullough William T Law Firm
  • Marthen's Medical Clinic
  • Dr. Samantha Boyd, DDS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.51M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.54M
Owner & transaction history
Shine Bright Properties LLC · 3 yrs held
Shine Bright Properties LLC
since 2022
Last sale
$1.6M
4 recorded transactions
2023
Price N/A
2022
$1.6M
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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