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Financial
Distress signals
Property profile

131 2nd St1b Davenport, IA 52801

OFF-MARKET
Turn key restaurants
Property ID
US25-0543223
8,259 SF 0.12 ac lot Built 1887
Last sale May 2026 · $450,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an approximately 15,702-square-foot second-floor condominium located within the Historic Redstone Building, which was constructed in 1887. The space is served by elevator access and is currently configured as a combination of office areas and event/venue space, with flexibility to support uses such as office, entertainment, creative, hospitality, mixed-use, or owner-occupied concepts. It is situated at 131 W 2nd Street in downtown Davenport, with nearby amenities including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value · 2024$718k
Assessed land$108k
Assessed improvement$609k
Effective rate3.49%

Value estimate

· Oct 2026
$370k
$333k – $407k
Submarket $/SF estimate$898k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$63 – $112

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSCOTT

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.6
Tailor Shop8.3
Butcher8.2

Location

131 2nd St1b Davenport, IA 52801-1828
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
330 4th, Davenport, IA 52801-1743 $157,500 Jun 2024 9,600 SF
300 3rd, Davenport, IA 52801-1208 $790,000 Nov 2022 8,775 SF
115 3rd, Davenport, IA 52801-1504 $40,000 Apr 2021 10,153 SF
114 3rd, Davenport, IA 52801-1411 $502,500 Mar 2021 4,671 SF
418 2nd, Davenport, IA 52801-1704 $165,000 Jul 2020 8,986 SF
217 Brady, Davenport, IA 52801-1548 $660,000 Mar 2020 11,262 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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