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Property profile & analytics
OFF-MARKET
Commercial real estate

72Nd St Davenport, IA 52806

1.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.11-acre development opportunity is located at 0 W 72nd Street in Northwest Davenport, Iowa. The property consists of two contiguous lots ideally suited for multi-family residential construction. Its strategic location offers significant advantages. The site is zoned for multi-family use, simplifying the development process and maximizing potential returns. Furthermore, its proximity to a city park provides residents with convenient access to green space and recreational amenities. The surrounding area is a mix of single-family homes and multi-family residential buildings, creating a well-established and desirable neighborhood. The location also benefits from excellent access to a variety of amenities, including numerous industrial users, the recently constructed Amazon fulfillment center, and a diverse selection of dining and shopping establishments. This presents a unique chance to capitalize on the growing demand for housing in a thriving area of Davenport. The combined acreage offers considerable flexibility in design and development, allowing for a range of project sizes and configurations. This property represents a compelling investment opportunity for developers seeking to build high-quality multi-family housing in a prime location with strong existing infrastructure and convenient access to employment centers and daily conveniences. The asking price is $90,000.

Property profile
Verified
Property type Commercial real estate
Lot 1.11 ac (48,352 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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