Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    628 Harrison St Davenport, IA 52803-5216

    • Retail space
    • 8,029 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Last Sale
    Aug 13, 2021
    $180,000
    Location Intelligence
    Property ID
    US25-0642590
    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

    • Retail space

    Property Details for 628 Harrison St

    Year built
    1880
    Lot size
    0.55 lot acres
    Property size
    8,029 SF
    Property type
    Retail space
    APN
    G0054-14
    APU
    G005414

    Description

    This exceptional mixed-use property, located at 628 N Harrison St in Davenport, Iowa, presents a unique investment opportunity. The 10,969 square foot building sits on a 0.55-acre lot and is currently vacant, offering a blank canvas for redevelopment. Zoned C-2, this property boasts significant potential. Pre-existing plans outline 14 ground-level commercial units and 7 residential units, maximizing income streams. Further enhancing its appeal, the property comes with secured grants and credits totaling $920,000, significantly reducing development costs. The asking price is $245,000, translating to a price per square foot of $22.34. This historic building, known as Raphael's Emporium, is ideally situated in the heart of downtown Davenport, offering easy access to local amenities and a vibrant community. The single building comprises seven units, providing flexibility for various uses. This is a rare chance to acquire a substantial property with substantial financial incentives and significant redevelopment potential in a thriving Iowa city. Don't miss this chance to capitalize on this prime downtown location and its considerable upside.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $200,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $155,000
      Mixed-Use
      $155,000
      Hospitality
      $185,000
      Educational
      $200,000
      Residential Income
      $170,000
      Energy
      $165,000
      Income-Based Land
      $200,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5775
    Latitude
    41.5265
    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
    $3,422
    $72,000
    $109,760
    $181,760
    -
    $72,000
    $109,760
    $181,760

    Comparable in this City

    • Value Estimation by Request
      2,754 SF

      2816 Brady St

      RETAIL STORES (PERSONAL SERVICES) • 2,754 SF
      2816 Brady St, Davenport, IA 52803-1520
      View Details
    • Value Estimation by Request
      869 SF

      230 15th St

      RETAIL STORES (PERSONAL SERVICES) • 869 SF
      230 15th St, Davenport, IA 52803-4612
      View Details
    • Value Estimation
      $525,000
      18,594 SF

      3030 Brady St

      RETAIL STORES (PERSONAL SERVICES) • 18,594 SF
      3030 Brady St, Davenport, IA 52803-1213
      View Details
    • Value Estimation by Request
      3,279 SF

      328 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 3,279 SF
      328 Locust St, Davenport, IA 52803-2840
      View Details
    • Value Estimation
      $380,000
      6,776 SF

      2020 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 6,776 SF
      2020 Locust St, Davenport, IA 52803-2071
      View Details
    • Value Estimation
      $290,000
      3,784 SF

      1109 Mound St

      RETAIL STORES (PERSONAL SERVICES) • 3,784 SF
      1109 Mound St, Davenport, IA 52803-3925
      View Details

    Similar Nearby for Sale

    • $5,650,000
      14,820 SF

      Davenport Walgreens Investment

      High-yield Walgreens NNN lease
      1805 Brady St, Davenport, IA 52803
      View Details
    • $340,119

      Davenport Commercial Building, IA

      Prime Davenport location, mixed-use potential.
      2125 Eastern Ave, Davenport, IA 52803
      View Details
    • $140,000

      Davenport Commercial Land Investment

      High-yield Iowa commercial land, great rental income.
      1601 Harrison St, Davenport, IA 52803
      View Details
    • $385,000
      5,649 SF

      Davenport Commercial Building - Great Investment

      Eight-unit building, high traffic location, strong tenant.
      907 Locust St, Davenport, IA 52803
      View Details
    • $301,750
      2.88 Acres

      Prime Bettendorf Industrial Land

      2.88 Acres, I-2 Zoning, High Visibility
      4000 River Dr, Bettendorf, IA 52803
      View Details
    • $174,900

      Spacious Duplex Near Palmer College

      Two-story duplex with potential, near Palmer College and downtown.
      707 Brady St, Davenport, IA 52803
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      3,600 SF

      Retail/Office Space in Davenport, IA

      1,698 SF retail/office space for lease in Davenport, IA.
      1416 N Harrison St, Davenport, IA 52803
      View Details
    • $13 SF/Yr
      33,750 SF

      Midtown Plaza Office Suites

      Davenport, IA Office Space Available
      1706 Brady St, Davenport, IA 52803
      View Details
    • $8 SF/Yr
      2,394 SF

      Davenport Flex Space - River Drive

      Versatile Commercial Space, Excellent Location.
      814 River Dr, Davenport, IA 52803
      View Details
    • $13 SF/Yr
      1,285 SF

      Davenport Office Building For Sale

      Prime Davenport Office Space, 1285 sq ft
      736 Federal St, Davenport, IA 52803
      View Details
    • $26 SF/Yr
      20,720 SF

      Davenport Commercial Land Opportunity

      Prime Davenport location, build-to-suit potential.
      321 Locust St, Davenport, IA 52803
      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.
    628 Harrison St
    Davenport, IA 52803-5216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.