Technical
Financial
Distress signals
Property profile

0 53Rd St Davenport, IA 52806

OFF-MARKET
Land
6.07 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 6.07 ac (264,409 SF)

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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