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    Property profile & analytics

    1516 Washington St Davenport, IA 52804-3612

    • Office buildings
    • 3,450 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US25-0491352
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1516 Washington St

    Year built
    1900
    Lot size
    0.07 lot acres
    Property size
    3,450 SF
    Property type
    Office buildings
    APN
    H0011-12
    APU
    H001112

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $175,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $200,000
      Mixed-Use
      $210,000
      Hospitality
      $170,000
      Educational
      $170,000
      Residential Income
      $210,000
      Energy
      $225,000
      Income-Based Land
      $215,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5966
    Latitude
    41.5354
    CBSA code
    19340
    CBSA name
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,160
    $11,560
    $112,380
    $123,940
    -
    $11,560
    $112,380
    $123,940

    Comparable in this City

    • Value Estimation by Request
      22,948 SF

      1441 Central Park Ave

      OFFICE BUILDING • 22,948 SF
      1441 Central Park Ave, Davenport, IA 52804-1707
      View Details
    • Value Estimation by Request
      28,704 SF

      1221 Myrtle St

      OFFICE BUILDING • 28,704 SF
      1221 Myrtle St, Davenport, IA 52804-3800
      View Details
    • Value Estimation by Request
      2,435 SF

      2706 Central Park Ave

      OFFICE BUILDING • 2,435 SF
      2706 Central Park Ave, Davenport, IA 52804-2507
      View Details
    • Value Estimation
      $315,000
      3,968 SF

      1707 Washington St

      OFFICE BUILDING • 3,968 SF
      1707 Washington St, Davenport, IA 52804-3618
      View Details
    • Value Estimation by Request
      1,160 SF

      2005 Hickory Grv Rd

      OFFICE BUILDING • 1,160 SF
      2005 Hickory Grv Rd, Davenport, IA 52804-2306
      View Details
    • Value Estimation by Request
      11,851 SF

      3911 Locust St

      OFFICE BUILDING • 11,851 SF
      3911 Locust St, Davenport, IA 52804-3021
      View Details

    Similar Nearby for Sale

    • $175,000
      2,526 SF

      Davenport Commercial Land & Building

      Prime Davenport location, 2,526 sq ft office.
      1529 Washington St, Davenport, IA 52804
      View Details
    • Contact for pricing

      Davenport Office Space For Lease

      Spacious Office, Great Location, $650/Month
      1730 Wilkes Ave, Davenport, IA 52804
      View Details
    • Contact for pricing

      Davenport Office Space For Lease

      Spacious Office, All Utilities Included
      1730 Wilkes Ave, Davenport, IA 52804
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    • $1,645,000

      Fairway Plaza: Davenport Office Complex

      Multi-tenant office buildings, prime location.
      3817 Locust St, Davenport, IA 52804
      View Details
    • $169,000
      5,896 SF

      Davenport Commercial Building - High Visibility!

      Prime Davenport location, high traffic, strong rental income.
      1734 Washington St, Davenport, IA 52804
      View Details
    • $960,000
      8,640 SF

      Turnkey Condo Building on 2+ Acres

      12-unit residential income property with expansion potential in Davenport, IA.
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    1516 Washington St
    Davenport, IA 52804-3612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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