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Property profile & analytics
FOR LEASE
Drive through restaurants
5231 Brady St Davenport, IA 52806-3952
Trust Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0605211
For Lease
$315,000
5231 Brady St, Davenport, IA 52806-3952
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Property summary
AI-generated overview
This exceptional commercial property, located at 5231 Brady Street in Davenport, Iowa, presents a unique investment opportunity. The 2,699 square foot building sits on a 1.26-acre lot and boasts a high-visibility location at the intersection of 53rd Street and Brady Street (Highway 61), ensuring significant traffic and customer exposure. The property features a single-tenant building zoned for commercial use, perfect for a restaurant or similar business. The interior comprises a spacious 1,205 square foot dining area and a substantial 1,494 square foot kitchen. A large parking lot is included on the site, providing ample space for customers. The building offers convenient roof access from the interior and includes a large drive-through. All existing equipment remains with the property
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1988
Total area
2,699 SF
Lot
1.26 ac (54,719 SF)
APN
P1209-11B
UPID
US25-0605211
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
Fazzini Family Trust · 19 yrs held
Fazzini Family Trust
since 2007
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$315k
Range $284k – $347k · ±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
$117 / 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
$31,550
Tax year 2023
Assessed value
$1,004,250
Assessed 2024
Previous assessed
$1,004,250
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$547,190
Assessed improvement
$457,060
Land market value
$547,190
Improvement market value
$457,060
Total market value
$1,004,250
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
2,699 SF
Lot
1.26 ac (54,719 SF)
APN
P1209-11B
UPID
US25-0605211
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
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Fazzini Family Trust
Trust
Mailing address
32855 MULHOLLAND HWY, MALIBU, CA 90265-2430
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Sep 7, 2017
—
Rci Properties Dvnprt Ia LLC
—
Deed
related
$975,000 · Mwabank
Mar 14, 2007
—
Fazzini Family Trust
Gabe Fazzini
Intrafamily Transfer
related
—
Apr 20, 2006
$1,165,000
Gabe Fazzini
Cnl New Lease Funding 2003 LLC
Special Warranty Deed
$669,680 · Pacific Capital Bank N A
Aug 23, 2005
$936,000
Cnl Net Lease Funding 2003 LLC
Nath Illinois Property Company LLC
Special Warranty Deed
$956,482 · Wells Fargo Bank NA
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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