111-220 E 50TH Street, Davenport, IA 52806 | QC7042084 | Mel Foster Brokerage, LLC

111-220 E 50TH Street $1,525,000


    111-220 E 50TH Street Davenport, IA 52806

    • 2.06 Acres
    • Commercial
    • MLS# QC7042084
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    Views: 1679 Days On Site: 344

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    Property Details

    Highly visible three property investment opportunity in one park. Caprate of 8%, with an NOI of approximately $122,099.00 and only one vacancy. Total property square footage of 42,499 with 2.06 acres. Buildings zoned C-2 and C-3. Provide great exposure to highly traveled Brady Street and Welcome Way. Ample parking on all buildings with high pylon sign exposure. Includes parcels P1216-19A, P1209-11A and P1209-12.


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    52806 (Davenport) Demographics

    34 Median Age
    929 Population Density (per sq. mile)
    37% College Educated
    $51,739 Estimated Median Income
    7,065 Estimated Total Home Owners
    3,948 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    28,498 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $180,000 Median Sales Price
    19 Homes Sold
    41 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,525,000
        3/23/2021 3:24:44 PM Price Reduced Source New Value: $1,525,000 -30.52%
        6/4/2020 9:30:00 PM New in Database Source New Value: $2,195,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.