5202 Brady St Davenport, IA 52806
- Commercial real estate
- 27,140 SF
- 7.18 lot acres
Current Use by Public Records
- Blossom Farms / Farm
Property Details for 5202 Brady St
- Year built
- 1970
- Lot size
- 7.18 lot acres
- Property size
- 27,140 SF
- Property type
- Commercial real estate
- APN
- P1209-03A
- APU
- P120903A
Description
This exceptional 5.2-acre commercial land parcel, located at 5202 N Brady Street in Davenport, Iowa, presents a unique investment opportunity. Previously the site of the Davenport Holiday Inn and Convention Center, the land has been cleared, leaving only concrete slabs and existing parking areas. This presents a blank canvas for developers seeking a high-visibility location with excellent development potential. The property boasts convenient access via 53rd Street and two access points off Brady Street, ensuring high traffic flow and visibility. The assessed land value is $1,156,560, with an additional $18,440 assessed building value. The asking price for this prime commercial property is $5,004,000. The seller is open to build-to-suit options with negotiable terms, making this an attractive proposition for various development projects. The property's location in Scott County, Iowa, zip code 52806, offers easy access to major transportation routes and a thriving local economy. This is a rare chance to acquire a large, cleared commercial lot in a desirable location with significant development potential. Don't miss this opportunity to secure a prime piece of Davenport real estate.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $940,000
- 6.5%
- $880,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $920,000
- Geo Method
- $920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $855,000
- Retail
- $875,000
- Mixed-Use
- $865,000
- Hospitality
- $725,000
- Educational
- $700,000
- Residential Income
- $665,000
- Energy
- $760,000
- Income-Based Land
- $830,000
- Food Service
- $810,000
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5706
- Latitude
- 41.5734
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA