3636 Utica Ridge RdBettendorf, IA 52722

Property Details for 3636 Utica Ridge Rd

Year built

2022

Lot size

0.21 AC

Property size (Sq ft)

1,896 SF

Property type

Office buildings

APN

841737905

APU

841737905

Description

This exceptional 1,939 sq. ft. office condo, located at 3636 Utica Ridge Road in Bettendorf, IA 52722, presents a unique investment opportunity. Situated in a desirable end-cap location, this single-tenant space boasts abundant natural light thanks to additional windows. The property is move-in ready, allowing for immediate occupancy. Buyers can personalize the space with their choice of flooring and granite countertops. The building's strategic location offers ideal access to I-74 and a central position within the Quad Cities, benefiting from low Bettendorf commercial taxes. Constructed with timeless beauty and high-quality materials, this all-brick building features 2x6 exterior construction, 12-foot ceilings, 20-inch floor trusses, and complete common wall soundproofing. Additional features include a ¾-inch tongue and groove Advantech all-weather sub-floor, an energy heel roof truss system, Anderson casement windows, and custom aluminum/glass foyer and entry doors. A full, unfinished lower level/basement is also included, complete with a roughed-in bathroom, offering significant expansion potential. The property includes 10 total parking spaces across two buildings and is zoned C-6 (APN: 841737905). This is a rare opportunity to acquire a meticulously built, highly desirable commercial space in a prime Quad Cities location.

• CAP approach

  CAP return

  Valuation

  6%

  $342,345

  6.5%

  $316,011

  7%

  $293,439

• Comparable approach

  Method

  Valuation

  Relative Method

  $192,488

  Geo Method

  $246,954

• Alternative Use

  Use

  Valuation

  Residential

  $391,854

  Hospitality

  $358,936

  Educational

  $298,630

  Medical

  $308,901

  Retail

  $464,536

Location Insight

City

Bettendorf

County

Scott

State

Iowa

Latitude

41.5588

Longitude

-90.5182

CBSA code

19340

CBSA name

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

Property Tax & Assessments

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