1902 Brady StDavenport, IA 52806

  • Gas stations
  • 1,595 SF
For Sale
$229,500 View listing

Property Details for 1902 Brady St

Year built
1955
Lot size
0.16 AC
Property size (Sq ft)
1,595 SF
Property type
Gas stations
APN
B0057-11A
APU
B005711A

Description

This exceptional commercial property, located at 1902 Brady Street in Davenport, Iowa, presents a unique investment opportunity. Priced at $229,500, this property combines land and a 1,595 square foot building, constructed in 1955. The building features convenient drive-in doors, making it ideal for a variety of businesses. Its prime corner location at the intersection of Brady and Locust Streets ensures high visibility and significant traffic counts. This location is particularly well-suited for businesses such as detail shops, sign shops, or auto repair facilities. The property boasts easy access and ample parking, providing convenience for both customers and employees. The zoning allows for commercial use. The property's address is 1902 Brady Street, Davenport, IA 52806, situated in Scott County. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Davenport. The property's strategic location and versatile building make it an attractive investment for entrepreneurs seeking a high-traffic, easily accessible location. The building's age presents potential for renovation or modernization to further enhance its value and appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $423,354
    6.5%
    $390,789
    7%
    $362,875
  • Comparable approach

    Method
    Valuation
    Relative Method
    $408,062
    Geo Method
    $523,527
  • Alternative Use

    Use
    Valuation
    Residential
    $329,645
    Hospitality
    $301,953
    Educational
    $251,221
    Medical
    $259,861
    Retail
    $390,789

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.5385
Longitude
-90.5743
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
$3,760
$103,160
$72,400
$175,560
-
$103,160
$72,400
$175,560

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