2100 Kimberly RdDavenport, IA 52807

  • Retail space
  • 4,225 SF

Property Details for 2100 Kimberly Rd

Year built
1980
Lot size
8.42 AC
Property size (Sq ft)
4,225 SF
Property type
Retail space
APN
N1810A01
APU
N1810A01

Description

Kimberly Crossing is a thriving 90,267 square-foot shopping center located in the prosperous Davenport, Iowa market within Scott County. This multi-tenant retail property boasts a strong anchor tenant lineup, including a Fresh Thyme Farmers Market and Planet Fitness, ensuring consistent foot traffic and a vibrant atmosphere. The center also features a diverse mix of successful businesses such as Dollar General, Qdoba Mexican Eats, and Jersey Mike's Subs, providing a compelling blend of daily-needs retailers and service providers. This strategic location offers exceptional visibility and accessibility along the high-traffic Kimberly Road/US-6 corridor, boasting over 31,973 vehicles per day. The property's convenient access points, including a well-lit intersection at Kimberly Road and Spring Street, further enhance its appeal to both customers and employees. Currently, there are four available retail spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 1,800 square feet, presenting a unique opportunity for businesses seeking a prime location within a successful and established shopping center. A total of 4,200 square feet is currently vacant. This property offers an excellent investment opportunity in a stable and growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,121,425
    6.5%
    $1,035,161
    7%
    $961,221
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,080,917
    Geo Method
    $1,386,772
  • Alternative Use

    Use
    Valuation
    Residential
    $873,197
    Hospitality
    $799,844
    Educational
    $665,461
    Medical
    $688,347
    Retail
    $1,035,161

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.558
Longitude
-90.5464
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
$191,490
$1,155,410
$4,570,990
$5,726,400
-
$1,155,410
$4,570,990
$5,726,400

FAQs

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