3670 Utica Ridge RdBettendorf, IA 52722

  • Office buildings
  • 2,365 SF
For Sale
$409,900 View listing

Property Details for 3670 Utica Ridge Rd

Year built
2020
Lot size
0.25 AC
Property size (Sq ft)
2,365 SF
Property type
Office buildings
APN
841737902
APU
841737902

Description

This exceptional Class A commercial property in Bettendorf, Iowa, offers 7,718 square feet of versatile space, ideally suited for medical or general office use. Situated on 2.15 acres with convenient I-74 access, this two-building complex boasts 12 parking spaces and features timeless brick construction. The property includes a single tenant occupancy with 3,859 square feet currently vacant. Building highlights include 12-foot ceilings, 20-inch floor trusses, sound-proofing, and high-quality Anderson casement windows. A full, unfinished lower level/basement is ready for customization, offering significant expansion potential. The property is zoned C-6 and features a build-out allowance available for lease agreements. The address is 3670 Utica Ridge Road, Bettendorf, IA 52722, with APN 841737902. This property presents a unique opportunity for businesses seeking a modern, high-quality space in a prime location with low commercial taxes. The building was constructed in 2023 and offers custom interior build-out options to perfectly match your business needs. Individual units are available for sale or lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $427,029
    6.5%
    $394,180
    7%
    $366,025
  • Comparable approach

    Method
    Valuation
    Relative Method
    $240,102
    Geo Method
    $308,041
  • Alternative Use

    Use
    Valuation
    Residential
    $488,784
    Hospitality
    $447,723
    Educational
    $372,501
    Medical
    $385,311
    Retail
    $579,445

Location Insight

City
Bettendorf
County
Scott
State
Iowa
Latitude
41.5592
Longitude
-90.5172
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
$11,100
$67,600
$377,600
$445,200
-
$67,600
$377,600
$445,200

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