Homes for sale - 11630-11640 140TH Street Place, Davenport, IA 5280...

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Kyle Robinson

kylerobinson@epique.me +1(563) 505-1806

Listed by Shawn Langan • NAI Ruhl Commercial Company

$ 7,500,000

Est. payment | -/mo

130,644 SqFt

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$ 7,500,000

Est. payment | -/mo

Save

130,644 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 130,644 sqft

Price per Sqft $57

MLS Listing ID QC4259553

Originating Board rmlsa

Annual Tax Amount $92,108

Tax Year 2023

Lot Size 12.220 Acres

Acres 12.22

Property Description

Exceptional investment package offering two prime self-storage properties. The first property located off the intersection of I-280 and US-61 at 11630-11640 140th Street Place, features 17 buildings with a total of 747 units, including 577 standard storage units and 170 parking spaces for RVs, trailers, and boats, making it ideal for diverse storage needs. The second property, located of US-61 at 4417-4427 Brady Street, includes 3 storage unit buildings with 224 self-storage units , an additional 2,135-square-foot office building, and a 3-bedroom, 1,877-square-foot rental home (currently vacant) with an estimated rental income of $1,500 per month. Together, these properties offer a lucrative and scalable opportunity for investors combining stable revenue streams, high demand, and excellent growth potential. Priced at a 6.07% cap rate, with upside, factoring in a 34.79% vacancy rate. 11630-11640 140th Street Place Scott County, IA Parcel Numbers: 823653301 & 823653302 Zoned (CLI) Commercial Light Industrial. 4417-4427 Brady Street Davenport, IA 52807 Parcel Numbers: P1301-01C & P1302-02D Zoned C-2.

Location

State IA

County Scott

Area Qcara Area

Zoning CLI

Direction 140th Street Place located off the intersection of I-280 and US-61, and 4417-4427 Brady Street located off Brady Street (US-61)

Interior

Heating None

Cooling None

Flooring Other

Fireplace N

Exterior

View true

Roof Type Metal

Garage 1

Building

Faces 140th Street Place located off the intersection of I-280 and US-61, and 4417-4427 Brady Street located off Brady Street (US-61)

Sewer Public Sewer

Water Municipal/City

Structure Type Aluminum Siding,Steel Siding,Other

Others

Tax ID 823653301

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Kyle Robinson

Team Leader | License ID: S6239700 | 47516300

+1(563) 505-1806 | kylerobinson@epique.me

11630-11640 140TH Street Place Davenport, IA 52807

Kyle Robinson

Key Details

Location

Interior

Exterior

Building

Others

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11630-11640 140TH Street Place