321 Locust StDavenport, IA 52803

  • Commercial real estate
  • 0.13 AC
For Lease
$26/SF/YR View listing

Property Details for 321 Locust St

Lot size
0.13 AC
Property type
Commercial real estate
APN
F0001-54
APU
F000154

Description

This exceptional 20,720 square foot commercial land parcel in Davenport, Iowa, presents a unique investment opportunity. Located at 321 W Locust Street, this property boasts a highly visible location on a major thoroughfare, directly across from St. Ambrose University's campus, with over 3,000 students. The site is conveniently situated near key intersections, providing easy access to Locust, Brady, and Harrison Streets. Surrounded by established businesses including Aldi, Walgreens, Village Inn, and Kwik Shop, this location ensures high traffic and visibility. The level, well-drained lot features existing utilities, simplifying development. Zoned C Commercial, the property is ideal for a variety of uses, with a proposed build-to-suit option for a strip center or mixed-use building ranging from 4,250 to 8,600 square feet. The site's size allows for flexibility in design and development, catering to diverse business needs. For a vanilla shell build-to-suit, rental rates are projected between $26 and $35 per square foot. The property's APN is G0006-51. This is a rare chance to acquire a prime commercial land parcel in a thriving Davenport neighborhood. Don't miss this opportunity to capitalize on the high demand for commercial space in this area.

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.538
Longitude
-90.5703
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
-
-
-
$38,020
-
-
-
$38,020

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