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Property profile

0 53Rd St Davenport, IA 52806

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 6.07-acre (264,069 square foot) commercial and residential land parcel presents a remarkable investment opportunity in Davenport, Iowa. Situated at the highly visible corner of West 53rd Street and North Division, this level, well-drained site offers unparalleled exposure and accessibility. The property is zoned C-2, allowing for a diverse range of commercial development possibilities. All utilities are conveniently in place, simplifying the development process. Its strategic location provides excellent access to both West and East Davenport, ensuring strong visibility and convenient access for potential businesses. The surrounding area boasts a thriving neighborhood with a dense demographic mix, creating a robust customer base. Within a five-mile radius, there is a substantial population of 111,304 residents. The property's proximity to established businesses such as Fareway Grocery, Casey's, Public House, Ascentra, and The Family Credit Union further enhances its appeal and potential for success. This is an exceptional opportunity to acquire a prime piece of land in a rapidly growing area of Davenport. The asking price for this significant property is $1,135,000. Don't miss this chance to secure a valuable asset in a desirable location.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

53Rd St Davenport, IA 52806
Davenport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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