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Property profile & analytics
FOR SALE
Office buildings

908 W 35Th St Davenport, IA 52806

11,791 SF 1.12 ac lot Built 1989
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US25-1229259
908 W 35Th St, Davenport, IA 52806 For Sale
$5,500,000 11,791 SF
908 W 35Th St, Davenport, IA 52806
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Property summary
AI-generated overview

This exceptional investment opportunity presents a 20,836-square-foot executive office building located at 908 W 35th St, Davenport, Iowa, 52806. Situated on a 1.12-acre lot, this single-building property is zoned CT and offers a compelling sale-leaseback arrangement with an established regional accounting and advisory firm. The building's substantial size provides ample space for a variety of professional uses. The asking price for this turnkey operation is $6,190,000. This property represents a rare chance to acquire a well-maintained, high-quality office building in a desirable location within Scott County, Iowa. The existing lease provides immediate cash flow and long-term stability for the investor. The property's strategic location offers easy access to major transportation routes and amenities, making it an attractive proposition for both current and future tenants. This is an ideal opportunity for investors seeking a stable, income-producing asset with significant potential for future growth. Detailed financial information and lease terms are available upon request. The property's size, location, and existing tenancy make it a highly desirable investment opportunity. Don't miss this chance to acquire a premier commercial property in the thriving Davenport market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 11,791 SF
Lot 1.12 ac (48,965 SF)
APN P1415-11
UPID US25-1229259
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
  • Steining Michelle M Accounting Firm Tax Preparation
  • Honkamp, P.C. Accounting Firm Tax Preparation
  • Ludgate Frank C CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.20M
Comparable Approach Comparable
$1.78M
Blend (final) Blend
$1.72M
Owner & transaction history
Law Building Co L L P · 9 yrs held
Law Building Co L L P
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.1M +70.0%
Auto repair, garage $1.9M +58.6%
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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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