0 53Rd St Davenport, IA 52806
This exceptional 6.07-acre commercial and residential land parcel presents a unique investment opportunity in Davenport, Iowa. Located at the high-profile corner of West 53rd Street and North Division, this level, well-drained site boasts existing utilities, making it ideal for immediate development. The C-2 zoning allows for a multitude of uses, catering to diverse development plans. Its strategic location provides convenient access to both West and East Davenport, ensuring strong visibility and accessibility. The property benefits from a dense population base, with over 111,000 residents within a 5-mile radius, and is surrounded by a thriving mix of residential and retail establishments. Prominent neighboring businesses include Fareway Grocery, Casey's, Public House, Ascentra Credit Union, and The Family Credit Union, further enhancing the property's desirability and potential. The property's APN is W1021-20F. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with excellent access and strong surrounding demographics. The asking price is $1,135,000.
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
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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.