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    OFF-MARKET
    Distribution centers

    3940 Elmore Ave, Davenport, IA 52807

    Property ID
    US25-0620533
    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 Distribution centers
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Orion Technical College University Engineer
    • The Spas Quad Cities Spa & Massage Center
    • Orion Technical College School Private College
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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