3425 Locust St Davenport, IA 52807
- Office buildings
- 25,157 SF
- 2.53 lot acres
Current Use by Public Records
- Brooks Law Firm / Attorney / Bankruptcy Attorney
- Mc Cullough William T / Attorney
- Marthen's / Medical Clinic
- Dr. Samantha Boyd, DDS / Doctor
Property Details for 3425 Locust St
- Year built
- 1981
- Lot size
- 2.53 lot acres
- Property size
- 25,157 SF
- Property type
- Office buildings
- APN
- N2902B15
- APU
- N2902B15
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,435,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,705,000
- 6.5%
- $1,645,000
- 7%
- $1,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,455,000
- Geo Method
- $1,615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,635,000
- Retail
- $1,690,000
- Mixed-Use
- $1,615,000
- Hospitality
- $1,660,000
- Educational
- $1,720,000
- Residential Income
- $1,995,000
- Energy
- $1,895,000
- Income-Based Land
- $1,670,000
- Food Service
- $1,545,000
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5234
- Latitude
- 41.5379
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
