2140 Kimberly RdDavenport, IA 52806

Property Details for 2140 Kimberly Rd

Year built

1989

Lot size

5.88 AC

Property size (Sq ft)

9,988 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

M1508-17J

APU

M150817J

Description

This exceptional commercial property, located at 2140 W Kimberly Road in Davenport, Iowa, 52806, presents a fantastic opportunity for businesses seeking high visibility and convenient access. The property consists of three buildings situated in a thriving retail center boasting over 20,000 vehicles per day and a strong anchor tenant, Hy-Vee, attracting 26,000 weekly customers. This single-tenant office/retail space totals 1,265 square feet and features an open floor plan, a private office, an in-suite bathroom, and a dedicated storage room. The property is zoned C-3 and benefits from ample parking with approximately 600 stalls. The surrounding area includes a variety of established businesses such as McDonald's, Pizza Hut, Great Clips, Papa Murphy's, Amana Care, Sun Tan City, Athletico Physical Therapy, and T-Mobile, ensuring high foot traffic and customer exposure. The property's location offers excellent accessibility and visibility, making it an ideal location for a growing business. The APN is M1508-17J. This is a single-tenant occupancy property with no additional suites within the building.

• CAP approach

  CAP return

  Valuation

  6%

  $2,651,074

  6.5%

  $2,447,146

  7%

  $2,272,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,555,314

  Geo Method

  $3,278,361

• Alternative Use

  Use

  Valuation

  Residential

  $2,064,259

  Hospitality

  $1,890,850

  Educational

  $1,573,165

  Medical

  $1,627,269

  Retail

  $2,447,146

Location Insight

City

Davenport

County

Scott

State

Iowa

Latitude

41.5613

Longitude

-90.6073

CBSA code

19340

CBSA name

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

Property Tax & Assessments

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