Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    56Th St Davenport, IA 52807

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    56Th St Davenport, IA 52807

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 56Th St

    Property type
    Land

    Description

    This exceptional 0.56-acre commercial land parcel presents a unique investment opportunity in Davenport, Iowa. Located at 0 56th Street, zip code 52807, this property offers significant potential for developers and businesses seeking a strategic location within Scott County. The asking price is $784,080, representing a compelling entry point into the thriving Davenport market. A key advantage is the flexibility offered by the property's suitability for subdivision into smaller lots, catering to a wider range of development projects. This adaptability allows for tailored solutions to meet diverse business needs and maximizes the potential return on investment. Furthermore, the current owner is willing to engage in a build-to-suit arrangement, providing a significant advantage for businesses seeking a customized space to meet their specific operational requirements. This collaborative approach streamlines the development process and ensures the final product perfectly aligns with the tenant's vision. The property's coordinates are 41.5780621 latitude and -90.5063327 longitude, providing easy access to location verification and planning resources. This is a rare opportunity to acquire a versatile commercial land parcel in a desirable location with the added benefit of a build-to-suit option. Contact the listing agent for further details and to explore the possibilities this property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5063
    Latitude
    41.5781

    Comparable in this City

    • Value Estimation by Request
      2.76 Acres

      Elmore Ave

      Land • 2.76 Acres
      0 Elmore Ave, Davenport, IA 52807
      View Details
    • Value Estimation by Request
      14.83 Acres

      14.83 acres Elmore Ave

      Land • 14.83 Acres
      14.83 acres Elmore Ave, Davenport, IA 52807
      View Details
    • Value Estimation by Request

      2920 53Rd St

      Office properties & Spaces
      2920 53Rd St, Davenport, IA 52807
      View Details
    • Value Estimation by Request
      31.68 Acres

      Elmore Ave

      Land • 31.68 Acres
      0 Elmore Ave, Davenport, IA 52807
      View Details
    • Value Estimation by Request
      1.39 Acres

      4607 Davenport Ave

      Land • 1.39 Acres
      4607 Davenport Ave, Davenport, IA 52807
      View Details
    • Value Estimation by Request

      1140 Kimberly St

      Office properties & Spaces
      1140 Kimberly St, Davenport, IA 52807
      View Details

    Similar Nearby for Sale

    • $249,900

      Land For Sale Davenport

      Land available east of Brady & 53rd Street intersection.
      525 E 53Rd St, Davenport, IA 52807
      View Details
    • $4,300,000
      15.25 Acres

      Prime Davenport Commercial Land

      15.25 Acres, High Visibility, $4.3M
      5800 Elmore Ave, Davenport, IA 52807
      View Details
    • Contact for pricing

      High Visibility Retail Outparcel

      Retail outparcel with high visibility near I-74 and E 53rd Street.
      3551 E 53Rd St, Davenport, IA 52807
      View Details

    Similar Nearby for Lease

    • $0.42 SF/Yr
      1,298 SF

      Davenport Office Space For Lease

      Modern Office Suites, Excellent Location
      960 53Rd St, Davenport, IA 52807
      View Details
    • Contact for pricing

      Commercial Land in Davenport

      Commercial land available for sale, ground lease, or build-to-suit.
      4200 Elmore Ave, Davenport, IA 52807
      View Details
    • Contact for pricing

      Development Lots in Thriving Retail

      Commercial development lots available for lease in the Quad Cities.
      4600 Elmore Ave, Davenport, IA 52807
      View Details
    • $180 SF/Yr

      Medical Space Available For Lease

      Commercial medical space for lease in Davenport, available 08/01/2026.
      4622 Progress Dr, Davenport, IA 52807
      View Details
    • Contact for pricing

      Davenport Retail Space For Rent

      Retail space in a lively Davenport location near major shopping.
      2402 E 53Rd St, Davenport, IA 52807
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    56Th St
    Davenport, IA 52807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!