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Property profile & analytics
OFF-MARKET
Estimated value
$4,750,000
Hotels
4729 Progress Dr Davenport, IA 52807-3491
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US25-1050020
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2006
Construction
FRAME
Total area
56,360 SF
Lot
2.34 ac (102,148 SF)
APN
N0853C02
UPID
US25-1050020
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
-
Staybridge Suites Davenport, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.03M
CAP Approach
CAP
$4.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.75M
Owner & transaction history
Surya Management LLC · 3 yrs held
Surya Management LLC
since 2023
Last sale
$4.8M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.5M
+240.7%
Commercial (general)
$6.0M
+218.6%
Medical building
$6.0M
+214.1%
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
$4,780,000
ML approach
$5,025,000
CAP Approach
CAP Return
Estimation
6%
$4,710,000
6.5%
$4,350,000
7%
$4,040,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,460,000
Change: +241% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,040,000
Change: +219% · Conversion: Difficult
MEDICAL BUILDING
$5,955,000
Change: +214% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,885,000
Change: +158% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,340,000
Change: +129% · Conversion: Difficult
RESTAURANT
$4,255,000
Change: +125% · Conversion: Difficult
Blend value · Realmo final
$4.75M
Range $4.28M – $5.23M · ±10% · vs last sale $4.80M (Jan 18 2023)
Last sale anchor
$4.80M
Jan 18 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
$84 / 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
$173,586
Tax year 2023
Assessed value
$5,319,120
Assessed 2024
Previous assessed
$5,319,120
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$473,170
Assessed improvement
$4,845,950
Land market value
$473,170
Improvement market value
$4,845,950
Total market value
$5,319,120
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
4
Total area
56,360 SF
Lot
2.34 ac (102,148 SF)
APN
N0853C02
UPID
US25-1050020
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
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.0M
MEDICAL BUILDING
Est. value
$6.0M
WAREHOUSE, STORAGE
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.3M
RESTAURANT
Est. value
$4.3M
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
RESTAURANT
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
4
Buildings
2
Lot
2.34 ac
Current owner
From public records · entity-resolved
Surya Management LLC
Entity
Mailing address
4729 PROGRESS DR, DAVENPORT, IA 52807-3491
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jan 18, 2023
$4,800,000
Surya Management LLC
Saibaba Real Estate LLC
Warranty Deed
$5,362,500 · Cusb Bank
Nov 2, 2021
$385,000
Utica 2 LLC
Saibaba Real Estate LLC
Warranty Deed
$1,908,000 · Greenstate Cu
Jan 19, 2017
—
Saibaba Real Estate LLC
—
Deed
related
$1,100,000 · First Midwest Bank
Aug 26, 2016
—
Saibaba Real Estate LLC
—
Deed
related
$315,000 · 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.
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