Financial
Distress signals
Property profile

3823 Locust St Davenport, IA 52804

OFF-MARKET
Office buildings
Property ID
US25-1151856
5,680 SF 0.7 ac lot Built 1982
Last sale Nov 2006 · $1,600,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional commercial property, known as Fairway Plaza, presents a fantastic opportunity for a single-tenant office user. The property consists of a 4,000 square foot office suite within a multi-tenant building. Each suite enjoys the benefit of a private entrance, ensuring privacy and independent access. The suite is offered on a gross lease basis, with utilities paid separately by the tenant. The property is zoned C-1, offering flexibility for a variety of commercial uses. The

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value · 2024$432k
Assessed land$92k
Assessed improvement$340k
Effective rate3.26%

Value estimate

· Sep 2026
$315k
$284k – $347k
Submarket $/SF estimate$644k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
Submarket average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$61 – $151
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSCOTT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.9
Law Firm25.6
Restaurant23.2

Location

3823 Locust St Davenport, IA 52804-3011
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1333 Lombard, Davenport, IA 52804-2101 $180,000 Jan 2026 4,590 SF
1516 Washington, Davenport, IA 52804-3612 $135,000 Dec 2025 3,450 SF
2826 Locust, Davenport, IA 52804-3354 $175,000 Aug 2024 12,463 SF
2906 Central Park, Davenport, IA 52804-2674 $610,000 Dec 2022 7,776 SF
1523 Washington, Davenport, IA 52804-3611 $92,000 Jul 2022 3,000 SF
2515 Central Park, Davenport, IA 52804-2502 $345,000 Jan 2022 8,853 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3823 Locust St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message