Back to Search
Property profile & analytics
FOR LEASE
Office buildings
4509 Brady St 1st Davenport, IA 52806
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0495652
For Lease
1 / 12
$129-$6,912/Mo
4509 Brady St,Unit 1st, Davenport, IA 52806
View Listing →
Property summary
AI-generated overview
This exceptional commercial property at 4509 N BRADY Street, Davenport, IA 52806, offers a fully furnished 2,630 square foot office space ideal for a single tenant. The property is zoned C-2 and features a single building with one suite. The space includes private offices, cubicles, a conference/training room, ample file storage, a reception area, and a waiting area. Convenience is maximized with 24-hour building access. The lease includes lawn and snow maintenance, utilities, and internet access. This is a turnkey solution for businesses seeking a move-in ready office in a desirable Davenport location. The property's APN is P1301-03. The building sits on a land parcel and is categorized as both Land and Office property. Its prime location in Davenport, Iowa offers excellent accessibility and visibility. The all-inclusive lease simplifies operations and allows businesses to focus on their core competencies. This is a rare opportunity to secure a fully equipped and well-maintained office space in a highly sought-after area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Total area
4,155 SF
Lot
1.21 ac (52,732 SF)
APN
P1301-03A
UPID
US25-0495652
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
-
Fisher Construction Roofing Company General Contractor
-
FedEx Drop Box Postal Service Courier Service
-
EXIT Realty Fireside Real Estate Agency
-
Top Notch Property Management Property Management Company
-
Cris Ryder : Exit Realty Fireside Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$628k
Blend (final)
Blend
$540k
Owner & transaction history
Jon S Ryder II · 7 yrs held
Jon S Ryder II
since 2018
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$730,000
+70.0%
Auto repair, garage
$685,000
+58.6%
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
by Request
ML approach
$340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$430,000
Current use
MEDICAL BUILDING
$730,000
Change: +70% · Conversion: Easy
AUTO REPAIR, GARAGE
$685,000
Change: +59% · Conversion: Difficult
WAREHOUSE, STORAGE
$365,000
Change: -16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$355,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10%
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
$130 / 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
$20,224
Tax year 2023
Assessed value
$669,840
Assessed 2024
Previous assessed
$669,840
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$188,310
Assessed improvement
$481,530
Land market value
$188,310
Improvement market value
$481,530
Total market value
$669,840
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1976
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,155 SF
Lot
1.21 ac (52,732 SF)
APN
P1301-03A
UPID
US25-0495652
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$430,000
MEDICAL BUILDING
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$685,000
WAREHOUSE, STORAGE
Est. value
$365,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$355,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.21 ac
Current owner
From public records · entity-resolved
Jon S Ryder II
Individual
Free & Clear · 7 yrs held
Mailing address
1647 CELTIC, DAVENPORT, IA 52807-7615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2018
—
Jon S Ryder II
Enterprise Rent A Car Co
Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
