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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Banks
4301 53rd St Davenport, IA 52807-3861
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US25-1115502
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2000
Total area
32,117 SF
Lot
2.89 ac (125,733 SF)
APN
N0839-03C
UPID
US25-1115502
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
-
Craig Longenecker Loan Service Bank
-
American Bank & Trust – Wealth Management Financial Advisor
-
Malcolm Seline - RBC Wealth Management Financial Advisor Financial Advisor
-
Chuck Sorensen, Mortgage Loan Originator, NMLS # 631561 Loan Service Bank
-
John Cook | American Bank & Trust Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Utica Ridge Office Rg LLC · 9 yrs held
Utica Ridge Office Rg LLC
since 2016
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Davenport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davenport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$174,542
Tax year 2023
Assessed value
$5,347,990
Assessed 2024
Previous assessed
$5,347,990
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$1,458,310
Assessed improvement
$3,889,680
Land market value
$1,458,310
Improvement market value
$3,889,680
Total market value
$5,347,990
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
32,117 SF
Lot
2.89 ac (125,733 SF)
APN
N0839-03C
UPID
US25-1115502
Jurisdiction
SCOTT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
2.89 ac
Current owner
From public records · entity-resolved
Utica Ridge Office Rg LLC
Entity
Mailing address
4301 E 53RD ST, DAVENPORT, IA 52807-3861
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2023
—
Thomas Real Estate Development INC
—
Deed
related
$285,000 · American Bank & Trust Company NA
Aug 2, 2016
$3,029,000
Utica Ridge Office Rg LLC
Geifman Food Stores INC
Warranty Deed
—
Sep 30, 2011
—
S A Group Properties INC
Ibsn INC
Deed In Lieu Of Foreclosure
related
—
Aug 30, 2011
$5,300,000
Financial District Properties Db L
Knab 4 L L C
Warranty Deed
$4,240,000 · First Midwest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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