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    Property profile & analytics

    3624 Locust St Davenport, IA 52804-3020

    • Grocery and convenience stores
    • 2,400 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $1,200,000
    Last Sale
    Mar 10, 2023
    $1,140,000
    Location Intelligence
    Property ID
    US25-1355001
    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

    • Gas Spots / Gas Station
    • Cardtronics ATM / Atm
    • Security First Bank / Atm / Bank

    Property Details for 3624 Locust St

    Year built
    1978
    Lot size
    0.42 lot acres
    Property size
    2,400 SF
    Property type
    Grocery and convenience stores
    APN
    O2116A08A
    APU
    O2116A08A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,135,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,200,000
      6.5%
      $1,225,000
      7%
      $1,290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,295,000
      Geo Method
      $1,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,040,000
      Retail
      $1,045,000
      Mixed-Use
      $1,195,000
      Hospitality
      $1,380,000
      Educational
      $1,170,000
      Residential Income
      $1,410,000
      Energy
      $1,145,000
      Income-Based Land
      $1,120,000
      Food Service
      $1,435,000

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.6296
    Latitude
    41.5385
    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
    $11,842
    $145,850
    $276,530
    $422,380
    -
    $145,850
    $276,530
    $422,380

    Comparable in this City

    • Value Estimation by Request
      77,870 SF

      2357 Locust St

      GROCERY, SUPERMARKET • 77,870 SF
      2357 Locust St, Davenport, IA 52804
      View Details
    • Value Estimation
      $380,000
      1,805 SF

      4425 Locust St

      CONVENIENCE STORE • 1,805 SF
      4425 Locust St, Davenport, IA 52804-3058
      View Details
    • Value Estimation
      $330,000
      1,289 SF

      2920 Locust St

      CONVENIENCE STORE • 1,289 SF
      2920 Locust St, Davenport, IA 52804-3346
      View Details
    • Value Estimation
      $250,000
      2,272 SF

      4307 Locust St

      CONVENIENCE STORE • 2,272 SF
      4307 Locust St, Davenport, IA 52804-3027
      View Details
    • Value Estimation
      $1,055,000
      2,400 SF

      1732 Marquette St

      CONVENIENCE STORE • 2,400 SF
      1732 Marquette St, Davenport, IA 52804-3729
      View Details
    • Value Estimation
      $385,000
      4,900 SF

      1528 Locust St

      CONVENIENCE STORE • 4,900 SF
      1528 Locust St, Davenport, IA 52804-3634
      View Details

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      Davenport Office Space For Lease

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      Spacious Office, All Utilities Included
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    3624 Locust St
    Davenport, IA 52804-3020
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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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