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    6225 Locust St Davenport, IA 52804

    Sponsored
    For Sale
    $2,137,500

    95 Acres, 173-Lot Concept, Iowa

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 95-acre commercial land parcel presents a unique development opportunity in Davenport, Iowa. Located at 6225 W LOCUST Street, zip code 52804, this expansive property boasts a preliminary plan for 173 lots, offering significant potential for residential or mixed-use development. The property includes a 1910 farmhouse currently under lease, which is sold "as is." The existing structures are included in the sale price of $2,137,500. The lot size is 95 acres, providing ample space for a substantial project. The property is situated in Scott County, Iowa, and its picturesque setting offers a desirable location for future development. The preliminary 173-lot plan provides a solid foundation for immediate development planning, though purchasers are free to adapt or revise the plan to suit their vision. This is a rare opportunity to acquire a large, commercially zoned tract of land in a growing area, ready for immediate development. All utilities are available. Detailed site plans are available upon request. This property is being offered at $2,137,500.

    Property Features for 6225 Locust St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1910
    Buildings
    1

    HighLights

    • 95‑acre commercial land parcel in Davenport, IA (52804) at 6225 W Locust Street.
    • Preliminary 173‑lot residential/mixed‑use development plan.
    • Includes a 1910 farmhouse (sold "as is," currently leased).
    • Offered at $2,137,500.
    • All utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Kitchen & Bath Storage Facility Convenience Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.6635992
    Latitude
    41.5341768

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    FAQs

    What type of property is this?
    Land - 95 Acres, 173-Lot Concept, Iowa
    Where is this land located?
    The property is located at 6225 Locust St Davenport, IA.
    What is the asking price?
    The asking price for this property is $2,137,500.
    What are key features of this property?
    This property features: 95-acre commercial land parcel in Davenport, IA (52804) at 6225 W Locust Street.; Preliminary 173-lot residential/mixed-use development plan.; Includes a 1910 farmhouse (sold "as is," currently leased).
    Request Owner's contact information
    6225 Locust St Davenport, IA 52804
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    Davenport, IA 52804
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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
    6225 Locust St Davenport, IA 52804
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