2705 Happy Joe DrBettendorf, IA 52722

Property Details for 2705 Happy Joe Dr

Year built

1985

Lot size

1.00 AC

Property size (Sq ft)

5,977 SF

Property type

Office buildings

APN

842123102

APU

842123102

Description

This exceptional commercial property, located at 2705 HAPPY JOE Drive in the heart of Bettendorf, presents a unique investment opportunity. The single-tenant office building boasts a total area of 11,954 square feet, thoughtfully divided into two floors of 5,977 square feet each. Its C-1 zoning allows for a variety of commercial uses, making it highly adaptable to diverse business needs. The building's attractive design and versatile layout offer significant potential for a wide range of businesses seeking a prominent location in a thriving community. The property consists of one building with no individual suites, making it ideal for a single occupant seeking ample space. The property's Assessed Parcel Number (APN) is 842123102. This is a rare opportunity to acquire a substantial, well-situated office building in a desirable Bettendorf location. The building's size and layout provide ample room for expansion or customization to meet specific business requirements. Its central location offers excellent accessibility and visibility, ensuring a strong presence within the community. This property is ready for immediate occupancy and presents a compelling investment opportunity for discerning buyers. The property's single-tenant occupancy simplifies management and provides a stable income stream. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. The property is zoned C-1, offering flexibility for various commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,079,218

  6.5%

  $996,202

  7%

  $925,044

• Comparable approach

  Method

  Valuation

  Relative Method

  $606,804

  Geo Method

  $778,504

• Alternative Use

  Use

  Valuation

  Residential

  $1,235,290

  Hospitality

  $1,131,519

  Educational

  $941,410

  Medical

  $973,787

  Retail

  $1,464,416

Location Insight

City

Bettendorf

County

Scott

State

Iowa

Latitude

41.5491

Longitude

-90.4959

CBSA code

19340

CBSA name

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

Property Tax & Assessments

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