Technical
Financial
Distress signals
Property profile

518 Locust St Davenport, IA 52803

OFF-MARKET
Office buildings
Property ID
US25-1179930
63,359 SF 12.01 ac lot Built 2004
Entity Owned Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 63,359 SF
Lot 12.01 ac (523,156 SF)
APN B0053-01A
UPID US25-1179930

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • University Private University
  • Theater & Performing Art Venue
  • Publishing House
  • Radio Station Telecommunications Service
  • College

Location

518 Locust St Davenport, IA 52803-2829
Davenport metro Census 11300 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.58M
Blend (final) Blend
$9.35M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Medical building $11.2M +70.0%
Auto repair, garage $10.4M +58.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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