3940 Elmore Ave Davenport, IA 52807
- Flex space
Current Use by Public Records
- Orion Technical College / University / Engineer
- The Spas Quad Cities / Spa
- Orion Technical College School / Private College
Property Details for 3940 Elmore Ave
- Property type
- Flex space
- Property subtype
- Distribution centers
Description
This exceptional investment opportunity presents a 2.36-acre industrial property located at 3940 Elmore Avenue in Davenport, Iowa, 52807. Priced at $5,250,000, this property boasts a prime location on a high-traffic thoroughfare, ensuring excellent visibility and accessibility. The property includes one building and features a convenient common loading dock, along with ample parking to accommodate both tenants and customers. Currently, the property benefits from new leases with a school and a spa, providing a stable and diversified income stream. The property's classification encompasses commercial, flex, and warehouse space, offering versatility and potential for a range of uses. Its location in Scott County, Iowa, provides access to a robust infrastructure and a thriving local economy. This is an ideal investment for those seeking a high-return property with established tenants in a desirable location. The property's size and features make it suitable for a variety of commercial and industrial uses, offering significant potential for future growth and appreciation. The combination of strong existing leases and the property's strategic location makes this a compelling investment opportunity in the Davenport, IA market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.527849416337
- Latitude
- 41.560522637884
