0 53Rd St Davenport, IA 52806
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.
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
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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.