3280 Middle RdBettendorf, IA 52722

  • Retail space
  • 12,154 SF
For Lease
$19.50/SF/YR View listing

Property Details for 3280 Middle Rd

Year built
2006
Lot size
1.51 AC
Property size (Sq ft)
12,154 SF
Property type
Retail space
APN
842203701
APU
842203701

Description

This exceptional 12,154 square foot property at 3280 Middle Rd, Bettendorf, IA 52722, presents a unique investment opportunity. Currently zoned C, this 1.51-acre site boasts a single building with 12,154 square feet of vacant space, ideal for multiple tenants. The property is undergoing redevelopment into a multi-tenant retail center, offering significant potential. The flexible space is divisible, with options ranging from 1,500 to 3,654 square feet, including a prime 3,654 square foot endcap space featuring drive-thru capability. This high-visibility location sits at the intersection of Devils Glen Rd and Middle Rd, Bettendorf's busiest intersection, experiencing approximately 43,000 vehicles daily. The property benefits from its proximity to a thriving retail environment, shadow-anchored to Glenroads Shopping Center and neighboring the new Pet Supplies Plus. Nearby established businesses include Hy-Vee, Starbucks, Arby's, and Whitey's, ensuring high foot traffic and visibility. The northern endcap presents a further potential drive-thru opportunity. This is an unparalleled chance to establish a presence in a bustling Bettendorf commercial hub. The property's APN is 842203701.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,225,987
    6.5%
    $2,977,834
    7%
    $2,765,132
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,109,460
    Geo Method
    $3,989,308
  • Alternative Use

    Use
    Valuation
    Residential
    $2,511,914
    Hospitality
    $2,300,900
    Educational
    $1,914,322
    Medical
    $1,980,158
    Retail
    $2,977,834

Location Insight

City
Bettendorf
County
Scott
State
Iowa
Latitude
41.5509
Longitude
-90.4862
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$66,630
$725,100
$1,542,100
$2,267,200
-
$725,100
$1,542,100
$2,267,200

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