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    2802 Ave Of The Cities Ave Moline, IL 61265

    For Sale
    $274,900

    Prime Moline location, 3 retail spaces + house.

    Property size:
    3,269 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity in Moline, Illinois, presents a unique blend of commercial and residential properties. Located at 2802 Avenue Of The Cities Avenue, the property boasts a substantial 3,269 square feet of commercial space, ideally suited for a variety of retail businesses. The building is divided into three separate retail units, offering flexibility for multiple tenants or a single operator seeking expansive space. Adding to its appeal is a 1-bedroom, 1-bathroom residential house attached to the rear of the main commercial structure. This provides an additional income stream or potential owner-occupied living quarters. The property sits on a generous 12.935-acre lot, providing ample parking and potential for future expansion or development. The asking price for this prime Moline commercial property is $274,900. This represents a significant opportunity for investors seeking a strong return on investment in a desirable location. The combination of established commercial space and a residential unit makes this property a truly unique and versatile asset. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property's size and location make it an attractive proposition for both established businesses and new ventures.

    Property Features for 2802 Ave Of The Cities Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,269 SF
    Lot Size
    563,448,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.49762
    Latitude
    41.49203

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Moline location, 3 retail spaces + house.
    Where is this commercial real estate located?
    The property is located at 2802 Ave Of The Cities Ave Moline, IL.
    What is the asking price?
    The asking price for this property is $274,900.
    Request Owner's contact information
    2802 Ave Of The Cities Ave Moline, IL 61265
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    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
    2802 Ave Of The Cities Ave Moline, IL 61265
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