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2020 E Locust St 6 776 pi² Commerce de détail Immeuble Davenport, IA 52803 1 171 426 $ CAD (172,88 $ CAD/pi²)



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Résumé de l'annonce
Former O’Reilly Auto Parts | Value-Add Retail + Excess Land | Davenport, IA
Description:
Former O’Reilly Auto Parts retail building available for sale in a high-visibility corridor in Davenport, Iowa. This 6,776 SF steel-frame building, constructed in 2001, sits on a total of 3.21 acres and offers a compelling value-add or owner-user opportunity.
The property features approximately 1.56 acres of improved site area with an additional 1.65 acres of excess land, creating significant upside potential for future development. The adjacent parcel is currently zoned R-
MF (Multi-Family Residential), allowing for a variety of compatible uses including residential, mixed-use, or limited commercial applications.
Located along E Locust Street with traffic counts of approximately 17,800 vehicles per day, the site offers excellent exposure and accessibility.
The building is currently vacant and ready for repositioning. A previously crushed sewer line has been fully repaired and is now functional, removing a major prior concern for buyers.
This offering is priced below assessed value, presenting an attractive basis compared to both replacement cost and market comps.
Property Highlights:
6,776 SF retail building (former auto parts store)
Built in 2001 | Steel frame construction
3.21 total acres
1.56 acres improved
1.65 acres excess land
Zoned Commercial + adjacent R-MF (Multi-Family)
Traffic count: ~17,800 VPD
Concrete parking lot (~19,200 SF)
1 overhead door (6’ x 7’)
Vacant – immediate occupancy
Sewer line repaired and fully operational
Priced below assessed value ($912,190)
Financials:
Price: $859,031
Taxes: $27,720/year
Investment Highlights:
Below-market basis vs. recent comparable sales
Strong redevelopment or adaptive reuse potential
Excess land creates additional value and exit strategies
Ideal for owner-user, investor, or developer
Located in established retail corridor in Davenport
Note: Had a crushed sewer line and that is now repaired and fully functional.
Taxes: $27,720 / yr.
Bonus adjacent lot currently zoned for multi-family.
Assessor Site: https://beacon.schneidercorp.com/Application.aspx?AppID=1024&LayerID=21532&PageTypeID=4&PageID=9191&Q=1962953889&KeyValue=D0063-11
Description:
Former O’Reilly Auto Parts retail building available for sale in a high-visibility corridor in Davenport, Iowa. This 6,776 SF steel-frame building, constructed in 2001, sits on a total of 3.21 acres and offers a compelling value-add or owner-user opportunity.
The property features approximately 1.56 acres of improved site area with an additional 1.65 acres of excess land, creating significant upside potential for future development. The adjacent parcel is currently zoned R-
MF (Multi-Family Residential), allowing for a variety of compatible uses including residential, mixed-use, or limited commercial applications.
Located along E Locust Street with traffic counts of approximately 17,800 vehicles per day, the site offers excellent exposure and accessibility.
The building is currently vacant and ready for repositioning. A previously crushed sewer line has been fully repaired and is now functional, removing a major prior concern for buyers.
This offering is priced below assessed value, presenting an attractive basis compared to both replacement cost and market comps.
Property Highlights:
6,776 SF retail building (former auto parts store)
Built in 2001 | Steel frame construction
3.21 total acres
1.56 acres improved
1.65 acres excess land
Zoned Commercial + adjacent R-MF (Multi-Family)
Traffic count: ~17,800 VPD
Concrete parking lot (~19,200 SF)
1 overhead door (6’ x 7’)
Vacant – immediate occupancy
Sewer line repaired and fully operational
Priced below assessed value ($912,190)
Financials:
Price: $859,031
Taxes: $27,720/year
Investment Highlights:
Below-market basis vs. recent comparable sales
Strong redevelopment or adaptive reuse potential
Excess land creates additional value and exit strategies
Ideal for owner-user, investor, or developer
Located in established retail corridor in Davenport
Note: Had a crushed sewer line and that is now repaired and fully functional.
Taxes: $27,720 / yr.
Bonus adjacent lot currently zoned for multi-family.
Assessor Site: https://beacon.schneidercorp.com/Application.aspx?AppID=1024&LayerID=21532&PageTypeID=4&PageID=9191&Q=1962953889&KeyValue=D0063-11
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Dépenses d’exploitation |
-
|
-
|
| Total des dépenses |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Taxes (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
6 776 pi²
Classe d’immeuble
B
Année de construction
2001
Prix
1 171 426 $ CAD
Prix par pi²
172,88 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,05
Taille du lot
3,21 AC
Zonage
C-409
Assez practicable à pied
50/100
Très facile d'accès en voiture
80/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | D0063-11 | Évaluation totale | 1 243 917 $ CAD |
| Évaluation du terrain | 677 425 $ CAD | Impôts annuels | (1 $) CAD (0,00 $ CAD/pi²) |
| Évaluation des bâtiments | 566 492 $ CAD | Année d’imposition | 2025 |
Impôts fonciers
Numéro de lot
D0063-11
Évaluation du terrain
677 425 $ CAD
Évaluation des bâtiments
566 492 $ CAD
Évaluation totale
1 243 917 $ CAD
Impôts annuels
(1 $) CAD (0,00 $ CAD/pi²)
Année d’imposition
2025
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Vidéos
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Photos
Vue depuis la rue
Rue
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Présenté par
2020 E Locust St
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