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    Property profile & analytics

    5002 Welcome Way Davenport, IA 52806-3965

    • Drive through restaurants
    • 5,834 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0698818
    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

    • McDonald's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 5002 Welcome Way

    Year built
    1992
    Lot size
    1.22 lot acres
    Property size
    5,834 SF
    Property type
    Drive through restaurants
    APN
    P1112-03B
    APU
    P111203B

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5721
    Latitude
    41.5714
    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
    $39,942
    $319,020
    $933,010
    $1,252,030
    -
    $319,020
    $933,010
    $1,252,030

    Comparable in this City

    • Value Estimation by Request
      6,002 SF

      2110 Kimberly Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,002 SF
      2110 Kimberly Rd, Davenport, IA 52806-5368
      View Details
    • Value Estimation by Request
      3,462 SF

      3906 Marquette St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,462 SF
      3906 Marquette St, Davenport, IA 52806-4430
      View Details
    • Value Estimation
      $460,000
      2,397 SF

      3702 Brady St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,397 SF
      3702 Brady St, Davenport, IA 52806-6007
      View Details
    • Value Estimation by Request
      2,699 SF

      5231 Brady St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,699 SF
      5231 Brady St, Davenport, IA 52806-3952
      View Details
    • Value Estimation by Request
      4,223 SF

      414 Kimberly Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,223 SF
      414 Kimberly Rd, Davenport, IA 52806-5712
      View Details
    • Value Estimation
      $300,000
      3,108 SF

      3412 Brady St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,108 SF
      3412 Brady St, Davenport, IA 52806-6120
      View Details

    Similar Nearby for Sale

    • $800,000
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      High-Visibility Davenport Restaurant Site

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    • Contact for pricing
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      Brady Plaza: Davenport Retail Land

      Prime Davenport retail land, 2 acres, 30,000 SF potential.
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    • Contact for pricing
      0.29 Acres

      Davenport, IA Commercial Land Outlots

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      Davenport Commercial Land - 2.73 Acres

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    Similar Nearby for Lease

    • $14 SF/Yr
      5,587 SF

      Davenport Restaurant Space Available

      Prime Kimberly Rd location, 5,587 sq ft.
      2140 Kimberly Rd, Davenport, IA 52806
      View Details
    • $14 SF/Yr
      18,627 SF

      Davenport IA Commercial Building

      18,627 SF Flex Space - Lease/Sale
      3711 Harrison St, Davenport, IA 52806
      View Details
    • $9 SF/Yr
      20,500 SF

      Prime Kimberly Road Retail Space

      Three Suites Available, High Traffic Area
      102 Kimberly Rd, Davenport, IA 52806
      View Details
    • Contact for pricing
      234,224 SF

      Kimberly Road Retail Center

      Prime Retail Space, Multiple Units Available
      902 Kimberly Rd, Davenport, IA 52806
      View Details
    • Contact for pricing
      32,000 SF

      Kimberly Commons Retail Center

      Davenport, IA: Prime Retail Space Available
      3101 Kimberly Rd, Davenport, IA 52806
      View Details
    • $5 SF/Yr
      90,052 SF

      Davenport Commercial Property Investment

      Prime Davenport location, high visibility, immediate occupancy.
      1010 Kimberly Rd, Davenport, IA 52806
      View Details

    Property Visit Statistics

    • Visits by month
      43.3k
    • Visitors by month
      24.8k
    • Avg Time on site
      13 min
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    5002 Welcome Way
    Davenport, IA 52806-3965
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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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