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5125 Utica Rdg Rd Davenport, IA 52807-3062

OFF-MARKET Office buildings Google Maps
9,784 SF 1.1 ac lot Built 2000
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$1.20M
Range $1.08M – $1.31M (±10%)
Property ID US25-0489472

Property summary

AI-generated overview

This exceptional commercial property, Coventry II, presents a unique investment opportunity. The single-tenant building, constructed in 2000, boasts a total of 9,784 square feet situated on a parcel with APN N0839-01E. The property is zoned C-2, offering flexibility for a variety of commercial uses. The building features a single suite, ideal for a business seeking a substantial and self-contained workspace. Ample parking is provided with 15 spaces available for tenants and visitors. While the main office space totals 1,545 square feet, the overall building size offers significant potential for expansion or adaptation. The suite itself includes an open office area and a dedicated conference room, providing a functional and versatile layout. Estimated annual pass-through expenses are $8.35 per square foot, inclusive of utilities. This property represents a solid investment in a well-maintained building with convenient amenities and ample parking. The property's location within Coventry Office Park offers a desirable business address. Serious inquiries are encouraged to explore this prime commercial real estate opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 9,784 SF
Lot 1.1 ac (47,741 SF)
APN N0839-01E
UPID US25-0489472

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
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2008
1 recorded transaction
2008
$4.1M

Zoning & alternative use

Top alternative use upside
Medical building $1.7M +49.0%
Auto repair, garage $1.6M +39.0%

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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