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    Property profile & analytics

    1601 Locust St Davenport, IA 52804-3635

    • Retail space
    • 4,197 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $2,175,000
    Last Sale
    Aug 15, 2024
    $2,089,000
    Location Intelligence
    Property ID
    US25-0471832
    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

    • Lighthouse Foundation International / Non-Profit Organization
    • Mawua Hair Braiding -Mawua Hair salon / Hair Salon / Hairdresser
    • Vigo / Money Transfer Service / Money Order Service
    • Standard Byke Co / Motorcycle Parts Store
    • MAWUA FOOD MARKET, LLC / Grocery Store

    Property Details for 1601 Locust St

    Year built
    1889
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property size
    4,197 SF
    Property type
    Retail space
    APN
    H0005-25A
    APU
    H000525A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,090,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,175,000
      6.5%
      $2,205,000
      7%
      $1,980,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,440,000
      Geo Method
      $2,405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,055,000
      Retail
      $1,975,000
      Mixed-Use
      $2,470,000
      Hospitality
      $2,310,000
      Educational
      $2,580,000
      Residential Income
      $2,525,000
      Energy
      $2,530,000
      Income-Based Land
      $2,160,000
      Food Service
      $2,225,000

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.599
    Latitude
    41.538
    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
    $8,144
    $28,860
    $288,510
    $317,370
    -
    $28,860
    $288,510
    $317,370

    Comparable in this City

    • Value Estimation by Request
      2,680 SF

      1640 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 2,680 SF
      1640 Locust St, Davenport, IA 52804-3636
      View Details
    • Value Estimation by Request
      800 SF

      1414 Locust St Ste, Unit 7

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      1414 Locust St Ste, Davenport, IA 52804-3642
      View Details
    • Value Estimation by Request
      800 SF

      1414 Locust St Ste, Unit 8

      RETAIL STORES (PERSONAL SERVICES) • 800 SF
      1414 Locust St Ste, Davenport, IA 52804-3642
      View Details
    • Value Estimation
      $135,000
      2,630 SF

      1532 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 2,630 SF
      1532 Washington St, Davenport, IA 52804-3612
      View Details
    • Value Estimation
      $120,000
      4,704 SF

      1532 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 4,704 SF
      1532 Locust St, Davenport, IA 52804-3634
      View Details
    • Value Estimation
      $395,000
      2,400 SF

      2525 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2525 Locust St, Davenport, IA 52804-3338
      View Details

    Similar Nearby for Sale

    • $2,137,500

      Davenport Development Land Opportunity

      95 Acres, 173-Lot Concept, Iowa
      6225 Locust St, Davenport, IA 52804
      View Details
    • Contact for pricing

      Davenport Office Space For Lease

      Spacious Office, All Utilities Included
      1730 Wilkes Ave, Davenport, IA 52804
      View Details
    • $2,247,000
      107.00 Acres

      107 Acres Transitional Development Land

      107 acres in Davenport, Iowa, suitable for development or agriculture.
      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.
      2218 Emerald Dr, Davenport, IA 52804
      View Details
    • $1,645,000

      Fairway Plaza: Davenport Office Complex

      Multi-tenant office buildings, prime location.
      3817 Locust St, Davenport, IA 52804
      View Details
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    Davenport, IA 52804-3635
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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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