3717 Fairmount St Davenport, IA 52806-3352

This exceptional 3.71-acre commercial lot is situated at the highly visible, signalized intersection of Fairmount Street and Hickory Grove Road in Davenport, Iowa. Located directly west of a Super Walmart, this property boasts impressive visibility and accessibility. The lot is zoned C-2, ensuring a wide range of development possibilities. With an approximate daily traffic count of 20,000 vehicles, this location offers unparalleled exposure for businesses. The property is ideally suited for a variety of commercial uses, including retail, restaurants, offices, convenience stores, or other service-related establishments. This prime location benefits from its position within both the Urban Renewal Tax Increment Financing (URTE) and Opportunity Corridor Tax Increment Financing (OCT) areas, making it eligible for city tax exemptions and incentives. The asking price has been reduced to $275,000. The seller is also willing to subdivide the property into two 1.855-acre lots, providing flexibility for potential buyers. This is a rare opportunity to acquire a strategically located commercial parcel in a thriving area of Davenport. The property's size, zoning, and location combine to create an exceptional investment opportunity. Don't miss out on this chance to secure a prominent location in a high-traffic area with significant development potential. The zip code is 52806.