2444 Kimberly RdDavenport, IA 52807

Property Details for 2444 Kimberly Rd

Year built

1989

Lot size

1.00 AC

Property size (Sq ft)

7,738 SF

Property type

Office buildings

APN

N1811C17F

APU

N1811C17F

Description

This exceptional commercial property, located at 2444 E Kimberly Road in Davenport, Iowa, presents a unique investment opportunity. The 7,738 square foot, two-story brick veneer office building sits on a substantial 43,479 square foot lot, offering ample space and parking. Its prime East Davenport location provides easy access to I-74 and other major thoroughfares, including Jersey Ridge Road and Elmore Avenue, ensuring excellent visibility and convenient commuting for employees and clients. The building boasts a range of desirable features, including a spacious reception area, a large conference room, multiple private offices (approximately 15), common area restrooms, and several kitchenettes. A significant advantage is the inclusion of a separate 1,250 square foot suite on the lower level, accessible via a private entrance, offering flexibility for expansion or leasing. The property is zoned C-T and benefits from an existing easement agreement and condo association. This well-maintained building is priced at $899,000 and represents a strong investment in a thriving commercial area. The ample parking lot and rear private entrance add to the property's appeal. This is an excellent opportunity to acquire a versatile and well-located commercial property in a desirable area of Davenport.

• CAP approach

  CAP return

  Valuation

  6%

  $1,397,188

  6.5%

  $1,289,712

  7%

  $1,197,590

• Comparable approach

  Method

  Valuation

  Relative Method

  $785,586

  Geo Method

  $1,007,874

• Alternative Use

  Use

  Valuation

  Residential

  $1,599,243

  Hospitality

  $1,464,898

  Educational

  $1,218,778

  Medical

  $1,260,693

  Retail

  $1,895,876

Location Insight

City

Davenport

County

Scott

State

Iowa

Latitude

41.5576

Longitude

-90.541

CBSA code

19340

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].