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Property profile & analytics
OFF-MARKET
Medical Office Space

4626 Progress Dr Ste A Davenport, IA 52807-3485

1,504 SF 0.15 ac lot Built 2004
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0486306
Property summary
AI-generated overview

This exceptional 1,196 square foot medical office condo is situated in the desirable Terrace Ridge Medical Park in Davenport, Iowa. Located at 4626 Progress Drive, zip code 52807, this single-story building offers a convenient and highly visible location, boasting ample front door parking for patients and staff. The space itself is well-appointed and ready for immediate occupancy, featuring multiple exam rooms, a private office, a restroom, and a comfortable waiting area. The property benefits from large monument and on-door signage opportunities, enhancing visibility and brand recognition. This is a single-building, single-story property totaling 9,296 square feet on a 0.15-acre lot, zoned C-2. The building is part of a multi-tenant complex, offering a collaborative environment. Its strategic location next to Unity Point Hospital provides exceptional access to a large patient base. The space is available for lease beginning December 1st, 2023. This is an ideal opportunity for medical professionals seeking a well-established and easily accessible location in a thriving medical community within Scott County. The property's features and location make it a highly attractive investment for those seeking a turnkey medical office solution.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Total area 1,504 SF
Lot 0.15 ac (6,356 SF)
APN N0853-01B
UPID US25-0486306
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
  • Snyder Thomas J DO Physician
  • Rupa R. Bontu, MD Physician
  • Dr. Naveen Kanathur MD Physician
  • Trinity Bettendorf Internal Medical Clinic
  • Radhika N Kolla, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Parkview 4626a LLC · 4 yrs held
Parkview 4626a LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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