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    150 59Th St Davenport, IA 52806

    For Sale
    $299,500

    2.5-acre commercial warehouse lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2.5-acre parcel, located at 150 W 59th St, Davenport, IA 52806, presents a unique investment opportunity. Currently zoned C-T (Commercial Transitional), this land offers significant potential for various commercial and warehouse developments. The property is part of a larger 5-acre parcel, with the 2.5 acres to be surveyed and subdivided upon acceptance of an offer. Situated in Scott County, Iowa, this vacant lot boasts a highly desirable location, providing easy access to major transportation arteries including I-80, I-74, and US 61. This strategic positioning ensures excellent connectivity for businesses requiring efficient logistics and distribution networks. The listed tax assessment reflects the entire 5-acre parcel, including an existing commercial building

    Property Features for 150 59Th St

    General Information

    Property type
    Distribution properties
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre commercial parcel at 150 W 59th St, Davenport, IA.
    • C‑T (Commercial Transitional) zoning allows for diverse commercial and warehouse development.
    • Property will be surveyed and subdivided from a larger 5‑acre parcel upon offer acceptance.
    • Excellent access to I‑80, I‑74, and US 61.
    • Tax assessment reflects the entire 5‑acre parcel, including an existing building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Builders First Choice Roofing Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.573751
    Latitude
    41.580556

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    FAQs

    What type of property is this?
    Distribution property - 2.5-acre commercial warehouse lot, prime location.
    Where is this distribution property located?
    The property is located at 150 59Th St Davenport, IA.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: 2.5-acre commercial parcel at 150 W 59th St, Davenport, IA.; C-T (Commercial Transitional) zoning allows for diverse commercial and warehouse development.; Property will be surveyed and subdivided from a larger 5-acre parcel upon offer acceptance.
    Request Owner's contact information
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    Davenport, IA 52806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 59Th St Davenport, IA 52806
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