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33883239
33883238

765 Schmidt Rd, Davenport, IA 52802-2840 For Sale

HK
IA IA S63825000
CBRE - Des Moines
NT
IA69337000
CBRE - Des Moines
Listed by CBRE - Des Moines
$650,000
23 days on market
Updated 4 days ago

765 Schmidt Rd

Details
Property Type Land
Sub Type Industrial
Cap Rate 8.00%
NOI $52,000
Tenancy Single
Lease Expiration 04/30/2030
Acreage 2.750
Zoning I 2 Industrial
Investment Type Net Lease

2.75 acres IOS for Sale

Marketing description

765 Schmidt Rd in Davenport, IA offers a versatile IOS yard positioned just north of US 61/W. River Drive with quick access to I 280 and the broader Quad Cities transportation network. The site has been fully cleared following the removal of former structures, creating a level, open yard which was recently leased to American Trailer & Storage Inc. Zoned I 2 Industrial, the property supports a wide range of heavy industrial and logistics uses, making it a strong fit for users seeking functional outdoor storage with excellent regional connectivity.

American Trailer & Storage Inc. (AT&S) is a Midwest-based provider of portable storage containers, semi-trailers, and ground-level office units, offering both rentals and sales. Founded in 1994 and headquartered in Kansas City, Missouri, the company focuses on fast delivery, flexible leasing options, and custom container modifications to serve industries such as construction, retail, education, warehousing, and transportation. AT&S operates multiple service locations across the central Midwest—including Kansas City, St. Louis, Omaha, Springfield, Des Moines, and Davenport—and emphasizes customer service, quick turnaround times, and tailored storage solutions.

Investment highlights

  • TOTAL ACRES: 2.75 AC
  • 0.8 ACRES OF CONCRETE, REMAINING YARD IS ASPHALT MILLINGS
  • ELECTRICAL HOOKUPS
  • TWO ACCESS POINTS
  • TENANT: AMERICAN TRAILER & STORAGE INC
  • LEASE EXPIRATION: APRIL 30, 2030
  • RENT: $57,600 ANNUALLY
  • LL LIABILITY: REAL ESTATE TAXES AND INSURANCE
  • PROJECTED NOI: $52,000

Listing Contacts

HK
IA IA S63825000
CBRE - Des Moines
NT
IA69337000
CBRE - Des Moines
Listed by CBRE - Des Moines

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$52,000.00
$4,333.33/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Harrison Kruse
License
IA S63825000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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