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    Property profile & analytics

    1601 Harrison St Davenport, IA 52803

    • Retail space
    • 1,728 SF
    • 0.05 lot acres
    For Sale
    View listing
    $140,000
    Value Estimation
    Last Sale
    Mar 08, 2021
    $525,000
    Location Intelligence
    Property ID
    US25-0672686
    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

    • Retail space

    Property Details for 1601 Harrison St

    Year built
    1920
    Lot size
    0.05 lot acres
    Property size
    1,728 SF
    Property type
    Retail space
    APN
    G0010-11
    APU
    G001011

    Description

    This exceptional investment opportunity presents a 1920-built commercial property situated on a large lot at 1601 N Harrison Street, Davenport, Iowa, 52803. The property includes one building on a single floor, currently generating a monthly rental income of $1,500 under a yearly lease. Tenants are responsible for all utilities (electric, gas, water, and sewer). The asking price for this land is $140,000. This represents a strong return on investment, particularly considering the potential for further development or expansion given the size of the lot. The property's location in Davenport, Iowa offers convenient access to local amenities and transportation networks. Note that adjacent properties, including 1605 Harrison Street and a large rear lot, are also available for purchase separately. This presents a unique opportunity to acquire a significant land holding in a desirable location. The property's solid rental income stream makes it an attractive option for investors seeking a stable and profitable addition to their portfolio. Serious inquiries are encouraged to explore this promising investment opportunity further.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $550,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $455,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $530,000
      Mixed-Use
      $520,000
      Hospitality
      $405,000
      Educational
      $450,000
      Residential Income
      $495,000
      Energy
      $490,000
      Income-Based Land
      $550,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.577
    Latitude
    41.536
    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
    $2,580
    $11,020
    $82,380
    $93,400
    -
    $11,020
    $82,380
    $93,400

    Comparable in this City

    • Value Estimation by Request
      2,754 SF

      2816 Brady St

      RETAIL STORES (PERSONAL SERVICES) • 2,754 SF
      2816 Brady St, Davenport, IA 52803-1520
      View Details
    • Value Estimation by Request
      869 SF

      230 15th St

      RETAIL STORES (PERSONAL SERVICES) • 869 SF
      230 15th St, Davenport, IA 52803-4612
      View Details
    • Value Estimation
      $525,000
      18,594 SF

      3030 Brady St

      RETAIL STORES (PERSONAL SERVICES) • 18,594 SF
      3030 Brady St, Davenport, IA 52803-1213
      View Details
    • Value Estimation by Request
      3,279 SF

      328 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 3,279 SF
      328 Locust St, Davenport, IA 52803-2840
      View Details
    • Value Estimation
      $380,000
      6,776 SF

      2020 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 6,776 SF
      2020 Locust St, Davenport, IA 52803-2071
      View Details
    • Value Estimation
      $290,000
      3,784 SF

      1109 Mound St

      RETAIL STORES (PERSONAL SERVICES) • 3,784 SF
      1109 Mound St, Davenport, IA 52803-3925
      View Details

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    Similar Nearby for Lease

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      Retail/Office Space in Davenport, IA

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    • $26 SF/Yr
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      Davenport Commercial Land Opportunity

      Prime Davenport location, build-to-suit potential.
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    • $13 SF/Yr
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      Davenport Office Building For Sale

      Prime Davenport Office Space, 1285 sq ft
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      View Details
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    1601 Harrison St
    Davenport, IA 52803
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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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