221 2nd St Davenport, IA 52801-1601
Property Lookup
Property profile & analytics
221 2nd St Davenport, IA 52801-1601
- Retail space
- 12,269 SF
- 0.22 lot acres
Property ID
US25-0038245
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.
Location Intelligence
Current Use by Public Records
- Backwater CrossFit / Gym & Fitness Center
- The Wellness Nook / Alternative Medicine Practice / Spa & Massage Center
- Trolley Pub Quad Cities / Tour Operator / (Bike/Boat/Book/etc) Store
- Scott Ryder, Exit Realty Fireside / Real Estate Agency
- Jake Stoltenberg, Exit Realty Fireside / Real Estate Agency
Property Details for 221 2nd St
- Year built
- 1915
- Lot size
- 0.22 lot acres
- Property size
- 12,269 SF
- Property type
- Retail space
- APN
- L0016A18
- APU
- L0016A18
Description
This exceptional investment opportunity presents a mixed-use commercial property located at 221 E 2nd Street, Davenport, IA 52801. The property consists of a single building situated on a land parcel in the heart of Davenport, Iowa. Currently, the building is fully leased to five separate business tenants, generating a consistent rental income stream. The property's strategic location offers excellent visibility and accessibility, making it an attractive proposition for both current and future tenants. The asking price for this lucrative investment is $999,000. This represents a significant opportunity to acquire a well-established commercial property with a proven track record of generating rental income. The property's diverse tenant base mitigates risk and ensures a stable income flow. Further details regarding the individual leases and tenant information are available upon request. This property is classified as Land, Office, and Retail, offering a versatile platform for a variety of commercial uses. The property's location in Scott County, Iowa, provides access to a thriving local economy and a strong consumer base. This is a rare chance to acquire a high-performing commercial property in a desirable location. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate ownership and income generation.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $819,000
- AI Estimate
- $579,000
Market price range: $352k - $1.92MMarket price range: $297k - $947k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $895,000 Current use
- OFFICE BUILDING
- $1,270,000 Change: +42% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,050,000 Change: +18% Conversion: Moderate
- RESTAURANT
- $965,000 Change: +8% Conversion: Easy
- WAREHOUSE, STORAGE
- $870,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5717
- Latitude
- 41.521
- 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
$11,572
$48,000
$337,300
$385,300
-
$0.00
$0.00
$443,020
