Technical
Financial
Distress signals
Property profile

2308 53rd St Davenport, IA 52806

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0912183
4,100 SF 1.09 ac lot Built 1992
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1992
Total area 4,100 SF
Lot 1.09 ac (47,431 SF)
APN W0923C29
UPID US25-0912183

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Car Wash
  • Atm

Location

2308 53rd St Davenport, IA 52806-2648
Davenport metro Census 12602 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
$715k
Comparable Approach Comparable
$482k
Blend (final) Blend
$600k

Owner & transaction history

since 2025
Last sale
$675,000
1 recorded transaction
2025
$675,000

Zoning & alternative use

Top alternative use upside
Medical building $725,000 +105.8%
Auto repair, garage $675,000 +92.0%
Office building $425,000 +21.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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