Technical
Financial
Distress signals
Property profile

3940 Elmore Ave Davenport, IA 52807

OFF-MARKET
Warehouses
Property ID
US25-0620533
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
UPID US25-0620533

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • University Engineer
  • Spa & Massage Center
  • Private College

Location

3940 Elmore Ave Davenport, IA 52807
Davenport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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