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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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