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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Turn key restaurants
217 Brady St Davenport, IA 52801-1548
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US25-0459071
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1883
Total area
11,262 SF
Lot
0.1 ac (4,140 SF)
APN
L0008-11A
UPID
US25-0459071
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
-
Hansen's Artistic Landscaping Landscaping General Contractor
-
M Lounge Bar & Pub
-
Van's Downtown Davenport Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$735k
Owner & transaction history
Andrew Wold Investments LLC · 6 yrs held
Andrew Wold Investments LLC
since 2020
Last sale
$660,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+31.5%
Neighborhood: shopping center
$965,000
+8.6%
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
by Request
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$890,000
Current use
OFFICE BUILDING
$1,170,000
Change: +31% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$820,000
Change: -8% · Conversion: Easy
WAREHOUSE, STORAGE
$800,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $660k (Mar 23 2020)
Last sale anchor
$660k
Mar 23 2020
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
$65 / 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
$9,114
Tax year 2023
Assessed value
$395,900
Assessed 2024
Previous assessed
$395,900
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$62,100
Assessed improvement
$333,800
Land market value
$62,100
Improvement market value
$333,800
Total market value
$395,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1883
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
11,262 SF
Lot
0.1 ac (4,140 SF)
APN
L0008-11A
UPID
US25-0459071
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
RESTAURANT Current
Est. value
$890,000
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$965,000
RETAIL STORES
Est. value
$820,000
WAREHOUSE, STORAGE
Est. value
$800,000
RESTAURANT Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1883
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
Andrew Wold Investments LLC
Entity
Mailing address
PO BOX 611, BETTENDORF, IA 52722-0011
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
—
2mk Brady St Holdings LLC
—
Deed
related
$727,500 · Midwest Bank
Mar 25, 2021
—
Andrew Wold Investments LLC
—
Deed
related
$738,750 · Dubuque Bank & Trust Co
Mar 23, 2020
$660,000
Andrew Wold Investments LLC
Parkwild Properties Lc
Warranty Deed
$510,000 · First Trust & Savings Bank
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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