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    FOR LEASE
    Warehouses

    7205 Hancock Ct 2C, Davenport, IA 52806

    9,000 SF 1.25 ac lot Built 2022
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US25-1359247
    Property summary
    AI-generated overview

    This exceptional 17,000-square-foot warehouse, constructed in 2023, presents a prime opportunity in Davenport, Iowa. Located at 7205 Hancock Court, 52806, this single-tenant property boasts a strategic location within the west Davenport industrial area, providing easy access to major transportation arteries like I-80 and US-6. The building features one suite, currently with 1,500 square feet vacant, offering flexibility for various business needs. The available space is adaptable, with potential configurations around 1,500 square feet (50x30) or 2,000 square feet (50x40). Each unit is equipped with modern amenities including 16-foot ceilings, a floor drain, a 200-amp electrical panel, an ADA-compliant restroom, a 14x14 overhead door, and heating. The property is zoned M-1, and its APN is W0407C01. This newly constructed facility offers excellent connectivity to both local and national markets, making it an attractive option for businesses seeking efficient operations and convenient logistics. The property's modern design and strategic location combine to create a highly desirable commercial warehouse space.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2022
    Construction FRAME
    Total area 9,000 SF
    Lot 1.25 ac (54,494 SF)
    APN W0407C01
    UPID US25-1359247
    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
    • Tomlinson-Cannon Real Estate Agency Hardware & Home Improvement
    • Vivid Auto Wraps Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.08M
    Comparable Approach Comparable
    $1.52M
    Blend (final) Blend
    $1.27M
    Owner & transaction history
    Collins Holdings LLC · 6 yrs held
    Collins Holdings LLC
    since 2020
    1 recorded transaction
    2020
    $93,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.6M +101.8%
    Auto repair, garage $1.5M +88.2%
    Office building $935,000 +18.7%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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