321 17Th StBettendorf, IA 52722

Property Details for 321 17Th St

Year built

1920

Lot size

0.16 AC

Property size (Sq ft)

10,434 SF

Property type

Office buildings

APN

842851202

APU

842851202

Description

This exceptional commercial property, located at 321 17th Street in Bettendorf, IA, presents a unique investment opportunity. The property consists of a single-tenant building encompassing approximately 1,200 square feet of usable space, situated on a land parcel with APN 842851202. The building is zoned C-3, allowing for a variety of commercial uses. The upper-level unit is conveniently accessible via a lift chair, enhancing accessibility for all potential tenants. Its prime corner location at the intersection of 17th and Grant Streets provides excellent visibility and accessibility. The property's strategic location offers easy access to Interstate 74, providing seamless connectivity to the vibrant Quad Cities market, opening up a wide range of business opportunities. This versatile space is ideal for a diverse range of commercial ventures, from professional offices to small businesses seeking a well-located and accessible space. The single-tenant occupancy simplifies management and provides a stable income stream for investors. This is a rare opportunity to acquire a well-positioned commercial property in a thriving downtown area. The property's features and location make it an attractive investment for both owner-occupiers and investors seeking a strong return on investment. The property includes one building with one suite.

• CAP approach

  CAP return

  Valuation

  6%

  $1,883,982

  6.5%

  $1,739,061

  7%

  $1,614,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,059,293

  Geo Method

  $1,359,028

• Alternative Use

  Use

  Valuation

  Residential

  $2,156,436

  Hospitality

  $1,975,283

  Educational

  $1,643,412

  Medical

  $1,699,932

  Retail

  $2,556,420

Location Insight

City

Bettendorf

County

Scott

State

Iowa

Latitude

41.5259

Longitude

-90.5083

CBSA code

19340

CBSA name

DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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