NOT LISTED FOR SALE

5000 Tremont Ave Unit 500 Davenport, IA 52807

North Side Neighborhood
-- Bed
-- Bath
-- Sq Ft
2.21 Acres

Last Sold March 12, 2021

Last sale price $293,800

70 Days on Market

About This Home

As of March 2021

Suite 500 is an industrial flex space located in building 500 in the 5000 Business Park Complex which is now under new ownership and property management.

Last Agent to Sell the Property

Charlie Armstrong

NAI Ruhl Commercial Company License #S41067000/475.130998 Listed on: 01/01/2021

NAI Ruhl Commercial Company

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Year Built

  • Built in 1999

Lot Details

  • 2.21

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, internal maintenance, common area maintenance, janitorial, heating, cooling, water/sewer
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 03/15/2021
  • Year Built: 1999
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Reinforced Concrete
  • Maximum Ceiling Ht Feet: 14
  • Min Ceiling Ht Feet: 16
  • Total Building Sq Ft: 9040
  • Estimated Lot Sq Ft: 96,227

Exterior Features

  • Exterior Finish: Stucco
  • Frontage Access: Paved 2Lane, City Street
  • Insulation: Party Walls, Roof, Side Walls
  • Roof Construction: Flat, Membrane
  • Wall Construction: Steel/ST Fram

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.21
  • Zoning: M-1
  • Geo Subdivision: IA

Rental Info

  • Monthly Lease Rate: 4896
  • Lease Dollar Sq Ft: 6.5
  • Lease Type: Net
  • Owner Pays: Structural Maintenance
  • Tenant Pays: Real Estate Taxes, Insurance, Internal Maintenance, Common Area Maint, Janitorial, Heating, Cooling, Water/Sewer
  • Terms Lease: 3 Years, 5 Years

Tax Info

  • Annual Taxes: 17778
  • Parcel Id Number Tax Id: P1215-01B
  • Tax Incentive: In City Limit
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Wcnsb Llc
Bought by
Slb Properties Of Illinois Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,400,000
Outstanding Balance
$861,219
Interest Rate
2.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Slb Properties Of Illinois Llc $6,750,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slb Properties Of Illinois Llc $5,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2021 03/12/21 Sold $293,800 0.0% --
03/12/2021 03/12/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $293,800 0.0% --
11/01/2016 11/01/16 Sold $293,800 0.0% -- View Prior Sale
10/24/2016 10/24/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $293,800 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,054 $753,120 $109,840 $643,280
2024 $24,024 $716,200 $109,840 $606,360
2023 $20,720 $716,200 $109,840 $606,360
2022 $20,934 $594,760 $109,840 $484,920
2021 $20,934 $594,760 $109,840 $484,920
2020 $20,820 $594,760 $109,840 $484,920
2019 $18,554 $531,520 $109,840 $421,680
2018 $18,888 $531,520 $109,840 $421,680
2017 $4,784 $531,520 $109,840 $421,680
2016 $17,788 $0 $0 $0
2015 $17,788 $0 $0 $0
2014 $17,796 $0 $0 $0
2013 $19,052 $0 $0 $0
2012 -- $536,200 $126,400 $409,800
Source: Public Records

Agents Affiliated with this Home

  • Charlie Armstrong

    Seller's Agent in 2021

    Charlie Armstrong

    NAI Ruhl Commercial Company

    (563) 529-6600

    44 in this area

    87 Total Sales

    Charlie Armstrong
    Section Image

  • N

    Buyer's Agent in 2021

    NON MLS

    NON-MLS QCAR

  • Chris Wilkins

    Buyer's Agent in 2016

    Chris Wilkins

    Hawkeye Commercial Real Estate

    (563) 505-4741

    54 in this area

    163 Total Sales

    Chris Wilkins
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4219616

RMLS Alliance

APN: P1215-01B

Iowa Scott County Davenport 52807 North Side

5000 Tremont Ave Unit 500, Davenport, IA

Not Listed for Sale

Other

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