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Property profile & analytics

720 59th St Davenport, IA 52807-2660

  • Warehouses
  • 7,000 SF
  • 2.35 lot acres
OFF-MARKET
Last Sale
Jun 27, 2023
Value Estimations
$835,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0536805
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

  • Star Food Service Equipment Repair / Appliance Repair Service
  • Campbell Electric / Electrician

Property Details for 720 59th St

Year built
1992
Lot size
2.35 lot acres
Property size
7,000 SF
Property type
Warehouses
APN
X1203-11G
APU
X120311G

Description

This exceptional 1.25-acre commercial and industrial land parcel, located at 720 E 59th St, Davenport, Iowa, 52807, presents a unique investment opportunity. Currently platted as Parcel X1203-11G, the seller will finalize the platting process and adjust the final sale price to reflect the exact parcel size upon closing. The property is zoned I-1, offering a wide range of potential uses. Access to the property is via a private drive, ensuring convenient and secure entry. High visibility is ensured by the availability of 59th Street signage, providing excellent branding opportunities for any business. This property is held under Land Contract (LC) ownership and is priced competitively at $125,000. The location in Scott County, Iowa, offers easy access to major transportation routes and a thriving local economy. This is an ideal site for businesses seeking a strategic location with excellent visibility and zoning flexibility. Don't miss this chance to acquire a valuable piece of Davenport real estate.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $910,000
    6.5%
    $840,000
    7%
    $780,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $752,000
    Market price range: $218k - $942k
    AI Estimate
    $918,000
    Market price range: $206k - $919k
  • Alternative Use

    Use
    Estimation
    MEDICAL BUILDING
    $1,235,000
    AUTO REPAIR, GARAGE
    $1,150,000
    OFFICE BUILDING
    $830,000
    NEIGHBORHOOD: SHOPPING CENTER
    $600,000
    RESTAURANT
    $550,000
    RETAIL STORES
    $510,000

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


Location Insight

  • Map
  • Local Demand
City
Davenport
County
Scott
State
Iowa
Longitude
-90.565
Latitude
41.5813
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
$24,660
$63,020
$737,830
$800,850
-
$63,020
$737,830
$800,850
More about this property
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