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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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