3701 State St, Bettendorf, IA 52722
This exceptional commercial property, located at 3701 State Street in Bettendorf, Iowa, presents a unique investment opportunity. Situated on a 0.88-acre corner lot at the intersection of Devils Glen Road and Highway 67 (State Street), this property boasts unparalleled visibility and accessibility. The site benefits from extremely high traffic volume, with 15,800 vehicles per day on State Street and 7,700 vehicles per day on Devils Glen Road. The property features two buildings totaling 2,576 square feet, ideal for a variety of commercial uses. Recent significant improvements have enhanced the property's value and functionality, including a newly paved concrete lot, upgraded overhead doors, a new roof, and a new fence. Both buildings are equipped with gas heating. All necessary utilities, including water and sewer, are readily available. The property is zoned I-2, allowing for a wide range of commercial activities. The sale is contingent upon the seller completing an IRC 1031 exchange. This prime location, coupled with recent upgrades and high traffic counts, makes this property an exceptional investment opportunity in a thriving commercial area. Don't miss this chance to acquire a high-visibility, well-maintained commercial property in a desirable location.
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.