2117 State StBettendorf, IA 52722

  • Office buildings
  • 39,542 SF
For Lease
$21/SF/YR View listing

Property Details for 2117 State St

Year built
1927
Lot size
2.26 AC
Property size (Sq ft)
39,542 SF
Property type
Office buildings
APN
842860202
APU
842860202

Description

This exceptional 39,542 square foot traditional office building is located at 2117 State Street in Bettendorf, Iowa, 52722. The property sits on a generous 2.37-acre lot and offers a single-tenant occupancy opportunity. Currently, 5,500 square feet of space is available for lease. The building is fully ADA accessible and equipped with high-speed internet access. The building is a multi-tenant property, however, the available space is suitable for a single tenant. This is a full-service gross lease, meaning that most operating expenses are included in the rent. The building's prime location in Bettendorf offers excellent visibility and convenient access to major transportation routes. The property presents a unique opportunity for businesses seeking a well-maintained, spacious, and conveniently located office space in a thriving Iowa community. The building's size and amenities make it ideal for a variety of businesses, from small startups to established corporations. Interested parties are encouraged to inquire about lease terms and availability. The property's substantial size and convenient location make it a highly desirable asset in the Bettendorf commercial real estate market. The available space offers a chance to establish a strong presence in a vibrant and growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,139,778
    6.5%
    $6,590,564
    7%
    $6,119,810
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,014,430
    Geo Method
    $5,150,346
  • Alternative Use

    Use
    Valuation
    Residential
    $8,172,299
    Hospitality
    $7,485,782
    Educational
    $6,228,083
    Medical
    $6,442,276
    Retail
    $9,688,129

Location Insight

City
Bettendorf
County
Scott
State
Iowa
Latitude
41.5249
Longitude
-90.5027
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
$94,698
$403,900
$1,709,000
$2,112,900
-
$403,900
$1,709,000
$2,112,900

FAQs

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