4650 Utica Ridge RdDavenport, IA 52807

Property Details for 4650 Utica Ridge Rd

Year built

2022

Construction

FRAME

Lot size

0.44 AC

Property size (Sq ft)

3,080 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

N0853B02A

APU

N0853B02A

Description

This exceptional 1,680 square foot commercial space is available for lease in a thriving Davenport, Iowa location. Situated in a newly constructed strip center at the highly visible corner of Commerce Boulevard and Utica Ridge Road, this property offers unparalleled accessibility and visibility. The building enjoys a strategic location with easy access to I-74, serving the entire Quad Cities market. This single-tenant suite is part of a vibrant commercial area anchored by PJ's Coffee and surrounded by a mix of established businesses and residential areas. Nearby amenities include major chain hotels (My Place Hotel, Staybridge Suites, and Homewood Suites by Hilton), Unity Point Health-Trinity Hospital, and the YMCA, creating a strong and diverse customer base. The C-2 zoning allows for a variety of commercial uses. The landlord is willing to negotiate the condition of the space upon lease commencement. This property presents a unique opportunity to establish a business in one of the most desirable and rapidly growing areas of the Quad Cities region. The property includes one building with a total of one suite. The APN is N0853B02A.

• CAP approach

  CAP return

  Valuation

  6%

  $817,512

  6.5%

  $754,626

  7%

  $700,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $787,982

  Geo Method

  $1,010,948

• Alternative Use

  Use

  Valuation

  Residential

  $636,556

  Hospitality

  $583,082

  Educational

  $485,117

  Medical

  $501,801

  Retail

  $754,626

Location Insight

City

Davenport

County

Scott

State

Iowa

Latitude

41.5685

Longitude

-90.5174

CBSA code

19340

CBSA name

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

Property Tax & Assessments

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