Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4711 Brady St Davenport, IA 52806

    Property Lookup

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

    4711 Brady St Davenport, IA 52806

    View on Map
    • Office properties & Spaces
    • 87,809 SF
    • 5.81 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • HealthMarkets Insurance - Carolyn Thornburg / Insurance Agency
    • Construction Restoration Services / Construction Company / General Contractor
    • Alltest, Inc / Drug Testing Service
    • RGIS Inventory Specialists, D077sat / Employment Agency
    • Jollyna's Embroidery / Production Facility / Textile Manufacturer

    Property Details for 4711 Brady St

    Year built
    1978
    Lot size
    5.81 lot acres
    Property size
    87,809 SF
    Property type
    Office properties & Spaces
    Property subtype
    Land

    Description

    The Walnut Center, located at 4711 N. Brady Street, Davenport, IA, presents a unique commercial real estate opportunity. This Class B property, encompassing 87,809 square feet across two buildings on a 5.81-acre lot, underwent renovations in 2023. The property features a total of 365 parking spaces and two elevators, ensuring convenient access for tenants and visitors. The flexible space allows for multiple tenancy arrangements, with minimum divisible space starting at 543 square feet and maximum contiguous space reaching 12,660 square feet. The buildings were originally constructed in 1978 and are zoned C-2. A key feature is the availability of various suite sizes, catering to diverse business needs. One example is a 1,343 square foot, nicely finished second-floor office suite in the South Building, previously used as a law office. This suite includes a reception area, conference room, private offices, and a bullpen workspace. The property's APN is P1216-12D, and its cross streets are 46th and 50th. Property taxes are $1.77 per square foot. This location offers excellent accessibility and ample parking, making it an ideal choice for businesses seeking a well-maintained and versatile office space in Davenport.

    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
    -90.5674
    Latitude
    41.5697

    Comparable in this City

    • Value Estimation by Request

      4711 Brady St

      Office properties & Spaces
      4711 Brady St, Davenport, IA 52806
      View Details
    • Value Estimation by Request

      4711 Brady St

      Office properties & Spaces
      4711 Brady St, Davenport, IA 52806
      View Details
    • Value Estimation by Request
      7,200 SF

      3546-3548 Brady St

      Lifestyle centers • 7,200 SF
      3546-3548 Brady St, Davenport, IA 52806
      View Details
    • Value Estimation by Request
      1.38 Acres

      53rd St & Sheridan St

      Land • 1.38 Acres
      53rd St & Sheridan St, Davenport, IA 52806
      View Details
    • Value Estimation by Request
      350,000 SF

      Slopertown Rd

      Distribution properties • 350,000 SF
      0 Slopertown Rd, Davenport, IA 52806
      View Details
    • Value Estimation by Request

      Kimberly Rd

      Land
      0 Kimberly Rd, Davenport, IA 52806
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale in Davenport, Iowa.
      Slopertown Rd, Davenport, IA 52806
      View Details
    • $1,135,000
      6.07 Acres

      Davenport Commercial Land - $1.135M

      6.07 Acres, Prime Davenport Location
      0 53Rd St, Davenport, IA 52806
      View Details
    • Contact for pricing
      7,400 SF

      Professional Office Building For Sale

      Professional office building featuring offices, conference room, kitchen, and training center.
      3709 N Harrison St, Davenport, IA 52806
      View Details
    • $90,000
      1.11 Acres

      Davenport Multi-Family Development Lots

      Prime 1.11-acre infill site, multi-family zoning.
      72Nd St, Davenport, IA 52806
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      1,200 SF

      Walnut Center Office Suite for Sale

      Prime Davenport Office Space - 1200 SF
      4711 Brady St, Davenport, IA 52806
      View Details
    • $14 SF/Yr
      18,627 SF

      Davenport IA Commercial Building

      18,627 SF Flex Space - Lease/Sale
      3711 Harrison St, Davenport, IA 52806
      View Details
    • $8 SF/Yr
      17,000 SF

      Davenport Industrial Warehouse Space

      Modern warehouse suites, I-80 access
      7205 Hancock Ct, Davenport, IA 52806
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease in Davenport, Iowa.
      Slopertown Rd, Davenport, IA 52806
      View Details
    • $9 SF/Yr
      3,000 SF

      Warehouse Space - West Davenport

      3,000 SF Industrial Suite, I-80 Access
      7217 Northwest Blvd, Davenport, IA 52806
      View Details
    • Contact for pricing

      Industrial Campus with Outdoor Storage

      Industrial campus offering office space and outdoor storage lots.
      200 E 90Th St, Davenport, IA 52806
      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.
    4711 Brady St
    Davenport, IA 52806
    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!