4730 Elmore Ave Davenport, IA 52807-3658
This exceptional investment opportunity presents a 6,720 square foot shopping center situated on a sizable 43,290 square foot lot in Davenport, Iowa. Located at 4730 Elmore Avenue, this single-story building is zoned C, offering significant potential for a variety of retail uses. The property boasts a strong location within a high-traffic area of Davenport, promising excellent visibility and accessibility for businesses. The asking price for this well-maintained property is $2,500,000. This represents a compelling investment opportunity in a thriving Iowa market. The property's single-building structure simplifies management and maintenance, while the ample lot size provides flexibility for future expansion or development. The property's address is 4730 Elmore Avenue, Davenport, IA 52807. Its convenient location and substantial size make it an attractive prospect for investors seeking a strong return on investment in a stable and growing community. The property's zoning designation (C) allows for a wide range of commercial uses, providing considerable flexibility for potential buyers. This is a rare opportunity to acquire a well-positioned retail property in a desirable location. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.