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    5000 38Th Avenue Dr Moline, IL 61265

    For Sale
    $205,000

    Prime .93-acre lot, high visibility, B-3 zoning

    Property size:
    360 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 0.93-acre commercial lot in Moline, Illinois, presents a unique investment opportunity. Located on 38th Avenue, just off heavily trafficked John Deere Road, this property boasts impressive visibility with approximately 37,000 vehicles passing daily. The lot, encompassing 40,546 square feet, is newly zoned B-3, allowing for diverse commercial development, including restaurants, retail, and office spaces. Its strategic location near the Quad City International Airport and John Deere World Headquarters, coupled with proximity to major retailers such as Walmart, Target, Sam's Club, Lowe's, Best Buy, Menards, Kohl's, Dick's Sporting Goods, PetSmart, and Hy-Vee, ensures high foot traffic and strong potential for success. The property's rezoning, solidified by Ordinance No. 3004-2024, aligns perfectly with Moline's commercial growth strategy. Adding to its appeal, the possibility of restoring the existing miniature golf course offers a distinctive feature for future development. This prime location and flexible zoning make this a highly attractive opportunity for developers and investors seeking a high-impact commercial venture. The asking price is $205,000.

    Property Features for 5000 38Th Avenue Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    360 SF
    Lot Size
    40,511 SF

    Building Details

    Year Built
    1997
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.46748
    Latitude
    41.47089

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .93-acre lot, high visibility, B-3 zoning
    Where is this commercial real estate located?
    The property is located at 5000 38Th Avenue Dr Moline, IL.
    What is the asking price?
    The asking price for this property is $205,000.
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    5000 38Th Avenue Dr Moline, IL 61265
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5000 38Th Avenue Dr Moline, IL 61265
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