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Property profile & analytics
OFF-MARKET
Estimated value
$4,555,000
Strip malls
4451 53rd St Davenport, IA 52807-3142
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0007711
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2022
Construction
FRAME
Total area
8,486 SF
Lot
1.37 ac (59,851 SF)
APN
N0910C01
UPID
US25-0007711
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
-
Rock Valley Physical Therapy - Davenport - 53rd St Medical Clinic
-
Jersey Mike's Subs Take-out & Catering Catering Service
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.56M
Owner & transaction history
Md7 Davenport LLC · 1 yrs held
Md7 Davenport LLC
since 2025
Last sale
$4.6M
5 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
Method
Estimation
Statistic approach
$4,555,000
ML approach
$4,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.56M
Range $4.10M – $5.01M · ±10% · vs last sale $4.58M (Apr 14 2023)
Last sale anchor
$4.58M
Apr 14 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$537 / 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
$65,830
Tax year 2023
Assessed value
$2,201,270
Assessed 2024
Previous assessed
$2,062,380
+6.7% YoY
Effective rate
2.99%
On assessed value
Assessed land
$718,220
Assessed improvement
$1,483,050
Land market value
$718,220
Improvement market value
$1,483,050
Total market value
$2,201,270
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2022
Construction
FRAME
Stories
1
Total area
8,486 SF
Lot
1.37 ac (59,851 SF)
APN
N0910C01
UPID
US25-0007711
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
2022
Construction
FRAME
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Md7 Davenport LLC
Entity
Mailing address
417 1ST AVE SE, CEDAR RAPIDS, IA 52401-1309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
$1,219,500
Md7 Davenport LLC
Fab Five LLC
Special Warranty Deed
$107,315,000 · Wells Fargo Bank NA
Apr 14, 2023
$4,575,000
Md7 Davenport LLC
Birchwood South LLC
Warranty Deed
$3,202,500 · Bank Iowa
Dec 8, 2022
—
Starbucks Corporation
Birchwood South LLC
Lease
—
Nov 3, 2022
—
Birchwood South LLC
—
Deed
related
$2,839,770 · Vibrant Cu
Jun 2, 2022
—
Birchwood South LLC
—
Deed
related
$2,839,770 · Vibrant Cu
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.
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