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    5325 Ave Of The Cities Ave Moline, IL 61265

    For Sale
    $410,000

    Spacious building, 2 acres, ideal conversion.

    Property size:
    6,156 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 6,156 square foot commercial property, situated on a generous 2.03-acre lot comprised of three parcels, presents a unique investment opportunity. Currently configured as a church, the building offers significant adaptability for a variety of commercial uses. The property boasts two convenient drive-in doors, perfect for loading and unloading, along with multiple offices or classrooms, and several bathrooms. The layout is versatile and could easily be reconfigured to suit diverse business needs. The building benefits from prominent signage on 5325 Avenue of the Cities Avenue, ensuring high visibility. Access is also available from 22nd Avenue on the north side of the property. The property is being sold in its current "as is" condition. Note that the property has not been subject to property taxes due to its current use as a church. This presents a significant advantage for potential buyers. The expansive lot size offers ample space for expansion, parking, or outdoor operations. This property is a rare find, offering both substantial square footage and a large land parcel in a desirable Moline location. Serious inquiries are encouraged.

    Property Features for 5325 Ave Of The Cities Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,156 SF
    Lot Size
    88,427 SF

    Building Details

    Year Built
    1966
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.46477
    Latitude
    41.49047

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious building, 2 acres, ideal conversion.
    Where is this commercial real estate located?
    The property is located at 5325 Ave Of The Cities Ave Moline, IL.
    What is the asking price?
    The asking price for this property is $410,000.
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    5325 Ave Of The Cities Ave 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
    5325 Ave Of The Cities Ave Moline, IL 61265
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