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Property profile & analytics
OFF-MARKET Estimated value $2,710,000
Investment properties

400 Main St Davenport, IA 52801-1417

35,142 SF 0.61 ac lot Built 1905
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0579113
Property summary
AI-generated overview

Executive Square, a vibrant mixed-use property situated in the heart of Davenport, IA, presents a compelling investment opportunity. This 45,627 square foot building sits on a 0.7-acre lot at 400 Main Street and offers a diverse portfolio of 32 units, perfectly blending residential and commercial spaces. The residential component comprises 25 apartments, thoughtfully divided into 11 studios, 6 one-bedroom units, and 8 two-bedroom units, catering to a wide range of tenants. Complementing the residential units are 7 thriving commercial spaces, including 4 retail units and 3 office units, providing a steady stream of income from diverse sources. The property's prime downtown location offers excellent visibility and accessibility, attracting both residents and businesses. This well-established mixed-use building presents a rare opportunity to acquire a substantial and diversified income-generating asset in a thriving urban environment. The asking price for this exceptional property is $3,495,000. This represents a significant opportunity for investors seeking a strong return on investment in a desirable and rapidly developing area. The property's diverse tenant base and strategic location ensure a stable and potentially growing income stream. Detailed financial information and property reports are available upon request.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1905
Total area 35,142 SF
Lot 0.61 ac (26,490 SF)
APN G0058-12A
UPID US25-0579113
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Richell Stock - Aflac Insurance Agent Insurance Agency
  • Barra & Associates Insurance Agency
  • Foot Bridge Alternative Medicine Practice Spa & Massage Center
  • Pells Brokerage, Inc. Insurance Agency
  • Physicians & Surgeons Exchange Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$2.71M
Owner & transaction history
400 Main Street LLC
400 Main Street LLC
since 2026
Last sale
$2.6M
4 recorded transactions
2026
Price N/A
2026
$937,000
2021
$2.6M
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $3.6M +89.8%
Neighborhood: shopping center $3.0M +56.8%
Restaurant $2.8M +44.4%
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