Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5231 Brady St Davenport, IA 52806-3952

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5231 Brady St Davenport, IA 52806-3952

    View on Map
    • Drive through restaurants
    • 2,699 SF
    • 1.26 lot acres
    Off-Market
    Property ID
    US25-0605211
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 5231 Brady St

    Year built
    1988
    Lot size
    1.26 lot acres
    Property size
    2,699 SF
    Property type
    Drive through restaurants
    APN
    P1209-11B
    APU
    P120911B

    Description

    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

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5687
    Latitude
    41.5742
    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
    $31,550
    $547,190
    $457,060
    $1,004,250
    -
    $547,190
    $457,060
    $1,004,250

    Comparable in this City

    • 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 by Request
      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
      $520,000
      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
      $525,000
      4,560 SF

      3400 Kimberly Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,560 SF
      3400 Kimberly Rd, Davenport, IA 52806-3050
      View Details
    • Value Estimation by Request
      2,684 SF

      229 Kimberly Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,684 SF
      229 Kimberly Rd, Davenport, IA 52806-5919
      View Details
    • Value Estimation by Request
      3,308 SF

      916 Kimberly Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,308 SF
      916 Kimberly Rd, Davenport, IA 52806-5707
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,000 SF

      Prime Retail Location Near Mall

      Located near a major shopping center with high traffic.
      3560 North Brady St, Davenport, IA 52806
      View Details
    • $90,000
      1.11 Acres

      Davenport Multi-Family Development Lots

      Prime 1.11-acre infill site, multi-family zoning.
      72Nd St, Davenport, IA 52806
      View Details
    • Contact for pricing
      30,000 SF

      Davenport Contractor-Bay Investment Opportunity

      Contractor-bay properties in Davenport's west industrial area for sale.
      7205 Hancock Ct, Davenport, IA 52806
      View Details
    • Contact for pricing
      3,750 SF

      Contractor/Warehouse Property For Sale

      I-zoned warehouse with paved lot, leased through May 2027.
      2935 W 73Rd St, Davenport, IA 52806
      View Details
    • $300,000
      1.09 Acres

      Davenport Commercial Land - 1.09 Acres

      High-visibility corner lots, ideal for development.
      7210 Northwest Blvd, Davenport, IA 52806
      View Details
    • $6,190,000
      20,836 SF

      908 35Th St, Davenport, IA 52806

      Commercial real estate • 20,836 SF
      908 35Th St, Davenport, IA 52806
      View Details

    Similar Nearby for Lease

    • $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
    • Contact for pricing

      Retail Spaces and Ground Leases

      Retail spaces and ground lease opportunities in Davenport, Iowa.
      3101 W Kimberly Rd, Davenport, IA 52806
      View Details
    • Contact for pricing

      Walnut Center Retail/Office Space

      Retail and office spaces available for lease in Davenport, Iowa.
      4711 N Brady St, Davenport, IA 52806
      View Details
    • Contact for pricing

      Retail Space in Northtown Plaza

      1,650 SF retail space available for lease.
      102 E Kimberly Rd, Davenport, IA 52806
      View Details
    • $8 SF/Yr
      17,000 SF

      Davenport Industrial Warehouse Space

      Modern warehouse suites, I-80 access
      7205 Hancock Ct, Davenport, IA 52806
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5231 Brady St
    Davenport, IA 52806-3952
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!