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    525 53Rd St Davenport, IA 52807

    Sponsored
    For Sale
    $290,000

    1.55-acre I-1 zoned lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.55-acre commercial and industrial land parcel, located at 525 E 53rd Street in Davenport, Iowa (zip code 52807, APN P1209-A02), presents a unique investment opportunity. Situated in a high-traffic area adjacent to Highway 61 and significant retail development, this property boasts excellent visibility and accessibility. The lot is level and ready for immediate development, already possessing easy access and egress from 53rd Street. The I-1 zoning permits a variety of commercial and industrial uses. Utilities including electricity, gas, water, and sewer are conveniently located on-site. A significant advantage is the inclusion of access to an upgraded detention system (Lot #2), eliminating the acquisition cost for this crucial infrastructure. The new owner will only be responsible for 50% of the RETX and CAM fees on an annual basis. A build-to-suit option is also available, offering flexibility for potential buyers. This property's prime location, combined with its readily available infrastructure and build-to-suit potential, makes it an ideal investment for developers and businesses seeking a strategic location in a thriving area.

    Property Features for 525 53Rd St

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • High‑visibility location with strong traffic counts.
    • On‑site utilities include electricity, gas, water, and sewer.
    • Property features upgraded tenant improvements.
    • Build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.568653607802
    Latitude
    41.574310681707

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    FAQs

    What type of property is this?
    Land - 1.55-acre I-1 zoned lot, high visibility.
    Where is this land located?
    The property is located at 525 53Rd St Davenport, IA.
    What is the asking price?
    The asking price for this property is $290,000.
    What are key features of this property?
    This property features: High-visibility location with strong traffic counts.; On-site utilities include electricity, gas, water, and sewer.; Property features upgraded tenant improvements.
    Request Owner's contact information
    525 53Rd St Davenport, IA 52807
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    Davenport, IA 52807
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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
    525 53Rd St Davenport, IA 52807
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