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    OFF-MARKET Estimated value $10,360,000
    High-rise multifamily apartments

    736 Federal St, Davenport, IA 52803-5749

    159,973 SF 0.87 ac lot Built 1910
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US25-2445905
    Property summary
    AI-generated overview

    This exceptional commercial property located at 736 Federal Street in Davenport, Iowa, presents a unique investment opportunity. The single-tenant building, encompassing 1,285 square feet, sits on a parcel identified by APN F0061A02 and is zoned I-MV. The property consists of a single building with one suite, ideal for a variety of businesses. The interior layout includes a reception area, five private offices, and a dedicated restroom. Two of the offices are equipped with sinks, adding to their functionality and appeal. The property is offered as a gross lease, with tenants responsible for gas and electric utilities. This prime location in Davenport, Iowa, zip code 52803 (latitude 41.5252755, longitude -90.5634279), offers excellent visibility and accessibility. The property type is classified as Land and Office, making it suitable for a range of commercial uses. This is a rare opportunity to acquire a well-maintained, single-tenant office building in a desirable Davenport location. The straightforward tenancy structure and functional layout make this property an attractive investment for both owner-occupiers and investors seeking a stable income stream. The property's zoning designation (I-MV) should be verified with the city of Davenport for permitted uses. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type High-rise multifamily apartments
    Use group HIGH-RISE APARTMENTS
    Year built 1910
    Total area 159,973 SF
    Lot 0.87 ac (37,801 SF)
    APN F0061A01
    UPID US25-2445905
    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
    • TestAmerica (Davenport) Service Center Laboratory
    • Retail Inventory Services Business Management Consultant
    • Legal Aid Help Legal Assstnc Law Firm
    • Wood & Stone Shop General Contractor
    • Bee Well Child and Family Therapy Crisis Center Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.36M
    Owner & transaction history
    Gvt Mt LLC · 9 yrs held
    Gvt Mt LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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