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    Property profile & analytics

    221 2nd St Davenport, IA 52801-1601

    • Retail space
    • 12,269 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    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.

    Current Use by Public Records

    • Backwater CrossFit / Physical Fitness Program
    • The Wellness Nook / Thai Massage Therapist / Wellness Center
    • Trolley Pub Quad Cities / Tour Operator
    • Scott Ryder, Exit Realty Fireside / Real Estate Agent
    • Jake Stoltenberg, Exit Realty Fireside / Real Estate Agent

    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 Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $370,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $325,000
      Mixed-Use
      $380,000
      Hospitality
      $330,000
      Educational
      $420,000
      Residential Income
      $410,000
      Energy
      $425,000
      Income-Based Land
      $395,000
      Food Service
      $400,000

    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

    Comparable in this City

    • Value Estimation by Request
      3,151 SF

      Davenport, IA 52801

      RETAIL STORES (PERSONAL SERVICES) • 3,151 SF
      Davenport, IA 52801
      View Details
    • Value Estimation
      $415,000
      17,094 SF

      311 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 17,094 SF
      311 2nd St, Davenport, IA 52801-1717
      View Details
    • Value Estimation
      $380,000
      2,520 SF

      520 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,520 SF
      520 2nd St, Davenport, IA 52801-1111
      View Details
    • Value Estimation
      $325,000
      1,755 SF

      108 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,755 SF
      108 2nd St, Davenport, IA 52801-1502
      View Details
    • Value Estimation by Request
      288 SF

      Davenport, IA 52801

      RETAIL STORES (PERSONAL SERVICES) • 288 SF
      Davenport, IA 52801
      View Details
    • Value Estimation
      $635,000
      35,262 SF

      225 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 35,262 SF
      225 2nd St, Davenport, IA 52801-1619
      View Details

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    Similar Nearby for Lease

    • $14 SF/Yr
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      Bucktown Lofts Commercial Space

      Prime Office/Retail, 2,000 sq ft
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    • $7 SF/Yr
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      Davenport Commercial Property - Prime Location

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    • $11 SF/Yr
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      Downtown Davenport Office Space

      Prime Office, Flexible Suites, Ample Parking
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      View Details
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    Davenport, IA 52801-1601
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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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