2493 53Rd Ave Bettendorf, IA 52722-0000
This exceptional commercial property, located at 2493 & 2501 53rd Avenue in Davenport, Iowa, presents a unique investment opportunity. The single-tenant building, totaling 6,224 square feet, sits on a C-2 zoned lot (APN 84093950311) within a thriving commercial corridor. Previously a fitness center, the space boasts an open layout ideal for various uses, including office, retail, or restaurant. Key features include a large reception area, spacious office, restrooms with four showers each, and a substantial utility room. The property benefits from high visibility on 53rd Avenue, a major thoroughfare with significant traffic volume. Ample parking (50 spaces) and ADA accessibility are provided. Pylon signage is available for tenant use, enhancing visibility and brand recognition. The surrounding area is densely populated (over 97,000 residents) and features a diverse mix of businesses, including Genesis HealthPlex, OAR Bettendorf, and Kwik Star, along with complementary businesses like Salon Halo, Olive Tree Café, and Apothecary Coffee. This prime location offers excellent access to a strong customer base and significant foot traffic, making it an attractive proposition for a variety of commercial ventures. The property consists of one building with one suite.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.