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    53Rd St Davenport, IA 52806

    Sponsored
    For Sale
    $1,135,000

    6.07 Acres, Prime Davenport Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.07-acre commercial and residential land parcel presents a unique investment opportunity in Davenport, Iowa. Located at the high-profile corner of West 53rd Street and North Division, this level, well-drained site boasts existing utilities, making it ideal for immediate development. The C-2 zoning allows for a multitude of uses, catering to diverse development plans. Its strategic location provides convenient access to both West and East Davenport, ensuring strong visibility and accessibility. The property benefits from a dense population base, with over 111,000 residents within a 5-mile radius, and is surrounded by a thriving mix of residential and retail establishments. Prominent neighboring businesses include Fareway Grocery, Casey's, Public House, Ascentra Credit Union, and The Family Credit Union, further enhancing the property's desirability and potential. The property's APN is W1021-20F. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with excellent access and strong surrounding demographics. The asking price is $1,135,000.

    Property Features for 0 53Rd St

    General Information

    Property type
    Land
    Lot Size
    264,409 SF

    HighLights

    • High‑profile corner lot at W 53rd St & N Division, Davenport, IA.
    • Level, well‑drained 6.07‑acre site with existing utilities.
    • C‑2 zoning allows for diverse development options.
    • Excellent access to both West and East Davenport.
    • High visibility corner location.
    • Strong demographics: 111,000+ residents within a 5‑mile radius, mixed residential & retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5942939
    Latitude
    41.574491

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    FAQs

    What type of property is this?
    Land - 6.07 Acres, Prime Davenport Location
    Where is this land located?
    The property is located at 53Rd St Davenport, IA.
    What is the asking price?
    The asking price for this property is $1,135,000.
    What are key features of this property?
    This property features: High-profile corner lot at W 53rd St & N Division, Davenport, IA.; Level, well-drained 6.07-acre site with existing utilities.; C-2 zoning allows for diverse development options.
    (563) 823-5113
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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
    53Rd St Davenport, IA 52806
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