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    53rd St & Sheridan St Davenport, IA 52806

    For Sale
    $450,000

    1.38 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.38-acre commercial land parcel presents a prime development opportunity in Davenport, Iowa. Located at the hard corner of W 53rd Street and Sheridan Street, this property benefits from a controlled traffic intersection and boasts high visibility. The C-2 zoning allows for a wide range of commercial uses, making it ideal for various development projects. The site's strategic location within a major retail corridor places it in close proximity to multiple national retailers, ensuring high foot traffic and strong consumer presence. With a daily traffic count of 17,600 vehicles on W 53rd Street alone, this location offers unparalleled exposure for any commercial venture. The property's 1.38 acres provide ample space for substantial development, catering to a variety of business needs. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving retail area, offering significant potential for return on investment. The property is situated in Scott County, Iowa, with a Davenport zip code of 52806. This location offers easy access to major transportation routes and a strong local economy. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing market.

    Property Features for 53rd St & Sheridan St

    General Information

    Property type
    Land
    Lot Size
    60,113 SF

    HighLights

    • High‑traffic location with 17,600 vehicles per day (VPD) on W 53rd Street.
    • C‑2 Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.574383
    Latitude
    41.57424

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    FAQs

    What type of property is this?
    Land - 1.38 Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at 53rd St & Sheridan St Davenport, IA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High-traffic location with 17,600 vehicles per day (VPD) on W 53rd Street.; C-2 Commercial zoning.;
    (515) 221-6684
    Request Owner's contact information
    53rd St & Sheridan St 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
    53rd St & Sheridan St Davenport, IA 52806
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