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Property profile & analytics
OFF-MARKET
Estimated value
$2,955,000
Hotels
120 55th St Davenport, IA 52807-2636
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0620470
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Total area
48,209 SF
Lot
3.85 ac (167,840 SF)
APN
X1123-27
UPID
US25-0620470
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Residence Inn Davenport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.51M
CAP Approach
CAP
$3.72M
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$2.96M
Owner & transaction history
Quad City Hotel LLC · 3 yrs held
Quad City Hotel LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.2M
+157.8%
Auto repair, garage
$3.7M
+129.0%
Restaurant
$3.6M
+124.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Davenport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davenport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,640,000
ML approach
$2,505,000
CAP Approach
CAP Return
Estimation
6%
$4,030,000
6.5%
$3,720,000
7%
$3,455,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,180,000
Change: +158% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,715,000
Change: +129% · Conversion: Difficult
RESTAURANT
$3,640,000
Change: +125% · Conversion: Difficult
RETAIL STORES
$2,400,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$2.96M
Range $2.66M – $3.25M · ±10% · vs last sale $2.95M (Dec 19 2022)
Last sale anchor
$2.95M
Dec 19 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$139,120
Tax year 2023
Assessed value
$4,180,230
Assessed 2024
Previous assessed
$4,180,230
+0.0% YoY
Effective rate
3.33%
On assessed value
Assessed land
$436,590
Assessed improvement
$3,743,640
Land market value
$436,590
Improvement market value
$3,743,640
Total market value
$4,180,230
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1996
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
3
Total area
48,209 SF
Lot
3.85 ac (167,840 SF)
APN
X1123-27
UPID
US25-0620470
Jurisdiction
SCOTT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RESTAURANT
Est. value
$3.6M
RETAIL STORES
Est. value
$2.4M
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Lot
3.85 ac
Current owner
From public records · entity-resolved
Quad City Hotel LLC
Entity
Mailing address
1025 38TH ST SC, FARGO, ND 58103-2114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
$2,950,000
Quad City Hotel LLC
S & S Hotels INC
Warranty Deed
$6,640,000 · Bank Of Wisconsin Dells
Oct 30, 2019
—
S&s Hotels INC
—
Deed
related
$4,880,000 · Two Rivers Bank And Trust
Apr 2, 2019
—
S&s Hotels INC
—
Deed
related
$4,880,000 · Two Rivers Bank And Trust
Nov 14, 2017
—
W2005 Fargo Hotels (pool C) Realty
—
Deed
related
$960,000,000 · Jpmorgan Chase Bank NA
May 12, 2006
$4,292,000
W2005 Fargo Hotels Pool C Realty L
Heritage Inn And Suites Of Devenpor
Special Warranty Deed
—
May 12, 2006
$8,494,500
W2005/fargo Hotels Realty L P
R I Heritage Inn Of Davenport INC
Special Warranty Deed
—
May 12, 2006
—
W2005 Fargo Hotels Pool C Realty L
Heritage Inn & Suites Of Davenport
Quit Claim Deed
related
—
Mar 10, 2006
—
R I Heritage Inn Of Davenport INC
Andrew E Logsdon
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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