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    Property profile & analytics

    4729 Progress Dr Davenport, IA 52807-3491

    • Hotels
    • 56,360 SF
    • 2.34 lot acres
    OFF-MARKET
    Value Estimation
    $5,085,000
    Last Sale
    Jan 18, 2023
    $4,800,000
    Location Intelligence
    Property ID
    US25-1050020
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Staybridge Suites Davenport, an IHG Hotel / Hotel / Conference Center

    Property Details for 4729 Progress Dr

    Year built
    2006
    Construction
    FRAME
    Lot size
    2.34 lot acres
    Property size
    56,360 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    N0853C02
    APU
    N0853C02

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,780,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,945,000
      6.5%
      $4,810,000
      7%
      $4,370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,790,000
      Geo Method
      $4,865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,370,000
      Retail
      $4,875,000
      Mixed-Use
      $5,885,000
      Hospitality
      $4,860,000
      Educational
      $5,500,000
      Residential Income
      $5,170,000
      Energy
      $4,490,000
      Income-Based Land
      $4,610,000
      Food Service
      $5,140,000

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5179
    Latitude
    41.5694
    CBSA code
    19340
    CBSA name
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $173,586
    $473,170
    $4,845,950
    $5,319,120
    -
    $473,170
    $4,845,950
    $5,319,120

    Comparable in this City

    • Value Estimation by Request
      32,053 SF

      5350 Elmore Ave

      HOTEL/MOTEL • 32,053 SF
      5350 Elmore Ave, Davenport, IA 52807-3859
      View Details
    • Value Estimation
      $11,230,000
      47,808 SF

      5315 Elmore Ave

      HOTEL/MOTEL • 47,808 SF
      5315 Elmore Ave, Davenport, IA 52807-3875
      View Details
    • Value Estimation by Request
      51,728 SF

      401 Veterans Memorial Pkwy

      HOTEL/MOTEL • 51,728 SF
      401 Veterans Memorial Pkwy, Davenport, IA 52807-4704
      View Details
    • Value Estimation by Request
      29,536 SF

      4653 Progress Dr

      HOTEL/MOTEL • 29,536 SF
      4653 Progress Dr, Davenport, IA 52807-3483
      View Details
    • Value Estimation
      $2,270,000
      31,662 SF

      140 55th St

      HOTEL/MOTEL • 31,662 SF
      140 55th St, Davenport, IA 52807-2636
      View Details
    • Value Estimation by Request
      41,674 SF

      3800 Market Sq Cir

      HOTEL/MOTEL • 41,674 SF
      3800 Market Sq Cir, Davenport, IA 52807-2373
      View Details

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    • Contact for pricing

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      Prime Davenport location, high visibility, build-to-suit option.
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      View Details
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    4729 Progress Dr
    Davenport, IA 52807-3491
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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