3551 53Rd StDavenport, IA 52807

  • Commercial real estate
  • 0.23 AC
For Sale
$950,000 View listing

Property Details for 3551 53Rd St

Lot size
0.23 AC
Property type
Commercial real estate
APN
N0837-02D
APU
N083702D

Description

This exceptional 10,000-square-foot retail land parcel, located at 3551 E 53rd St in Davenport, Iowa, presents a unique investment opportunity. Priced at $950,000 ($95/sq ft), this property boasts a prime location with high visibility from I-74 and E 53rd Street. Situated as an outparcel to the Davenport Cinemark Theater, the land offers the potential to construct a building up to 10,000 square feet. The property benefits from its proximity to several new hotels, restaurants, and medical facilities, placing it within the Quad Cities' most active retail market. Shared parking, water retention systems, and convenient access are included, maximizing buildable space. This location is ideally suited for a restaurant, medical office, or retail/office user seeking high visibility and strong traffic flow from I-74. The property is zoned for commercial use and is ready for immediate development. This is a rare opportunity to acquire a highly desirable retail site in a thriving area. The address is 3551 E 53rd St, Davenport, IA 52807, in Scott County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,066,739
    Hospitality
    $1,893,122
    Educational
    $1,575,055
    Medical
    $1,629,224
    Retail
    $2,450,086

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.5724
Longitude
-90.5203
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
$1,228
$60,000
$12,030
$72,030
-
$60,000
$12,030
$72,030

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