NOT LISTED FOR SALE

5401 & 5401 1/2 N Brady St Davenport, IA 52806

North Side Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.96 Acres

About This Home

As of October 2021

High visibility and traffic counts. Conveniently located 1 block North of 53rd Street and 1 mile from I-80 and 4 lane Hwy 61 North. Ideal retail and warehouse space of 11,250 sq ft of open floor plan with large windows for natural light and 10' ceiling height with 5, 250 sq ft warehouse steel on steel with 15' clear span and concrete kick wall. 5 drive in OH doors with trench drain. Retail and warehouse space for furniture, clothing, automotive, light industrial, or industrial assembly use. Owner prohibits large flammable storage. Lease is modified gross lease with landlord paying for property taxes and specific insurance. Tenant pays for and contracts their portion of snow removal and lawn care. Monument and building signage available. Zoned I-1 light industrial. Building offers sub-division. 3 ph electric.

Last Agent to Rent the Property

Jeff Heuer

Hawkeye Commercial Real Estate License #B42652000/475.130473 Listed on: 08/05/2021

Last Renter's Agent

Thomas Dalton

NAI Ruhl Commercial Company License #B40873000/475.086257

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • Built in 1976

Lot Details

  • 0.96

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, heating, insurance, janitorial, snow/lawn
  • The owner pays for real estate taxes, roof, structural maintenance, water/sewer

Property Details

Property Type

Other

Year Built

Built in 1976

Lot Details

0

Rental Info

  • Monthly Lease Rate: 6300
  • Lease Dollar Sq Ft: 6.72
  • Owner Pays: Real Estate Taxes, Roof, Structural Maintenance, Water/Sewer
  • Tenant Pays: Electric, Gas, Heating, Insurance, Janitorial, Snow/Lawn
  • Terms Lease: 2 Years, 3 Years, 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Retail
  • Lvt Date: 08/11/2021
  • Year Built: 1976
  • Handicap Modified: Unknown
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Min Ceiling Ht Feet: 15
  • Other Access: None
  • Total Building Sq Ft: 11250
  • Estimated Lot Sq Ft: 42000

Exterior Features

  • Exterior Finish: Concrete, Steel
  • Frontage Access: Inside Lot, State Road
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Security System: Yes
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.96
  • Zoning: I-1
  • Geo Subdivision: IA
  • Irregular Lot: No
  • Property Use: Distribution Warehouse, Manufacturing, Warehouse, Street Retail, Vehicle Related

Tax Info

  • Annual Taxes: 12976
  • Parcel Id Number Tax Id: X1217-11
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2007
Sold by
Jugenheimer Wayne W and Jugenheimer Sandra K
Bought by
Wayne W Jugenheimer Revocable Trust

Purchase Details

Closed on
Aug 13, 2007
Sold by
Jugenheimer William F
Bought by
Jugenheimer Wayne W
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wayne W Jugenheimer Revocable Trust -- None Available
Jugenheimer Wayne W $525,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2022 10/01/22 Under Contract -- -- --
10/06/2021 10/06/21 Rented $360,000 0.0% --
08/05/2021 08/05/21 For Rent $360,000 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,474 $448,180 $210,000 $238,180
2023 $13,168 $449,230 $210,000 $239,230
2022 $13,098 $392,360 $210,000 $182,360
2021 $13,098 $392,360 $210,000 $182,360
2020 $12,976 $392,360 $210,000 $182,360
2019 $12,300 $375,790 $210,000 $165,790
2018 $12,322 $375,790 $210,000 $165,790
2017 $3,382 $375,790 $210,000 $165,790
2016 $9,276 $0 $0 $0
2015 $9,276 $0 $0 $0
2014 $9,758 $0 $0 $0
2013 $11,004 $0 $0 $0
2012 -- $298,200 $160,800 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4225148

RMLS Alliance

APN: X1217-11