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    5320 22Nd Ave Moline, IL 61265

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    For Sale
    $3,550,000

    20,000 SF Class A office building for sale.

    Property size:
    20,000 SF
    Lot size:
    3.00 Acres

    Property Features for 5320 22Nd Ave

    General Information

    Size
    20,000 SF
    Lot size
    3.00 Acres

    Source: The Real Estate Group, Inc. Agent Cody Huson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Building Investment

    This 20,000 square foot Class-A office building is available for purchase. Constructed in 2016, the property is zoned B-3 and situated on 3 acres. It features a large parking lot and building signage visible from Avenue Of The Cities. The building is located off a highly traveled avenue, surrounded by a mix of retail and residential properties, and offers convenient access to public transportation. Currently, Avadyne leases 10,000 square feet, having recently signed a renewal. The remaining 10,000 square feet of Class-A space is currently vacant. The property is suitable for tenants such as medical, physical therapy, dental, general healthcare, IT, call center, and general office users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Avadyne Health Corporate Office H & R Accounts ... Financial Institution Meduit Medical Billing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.463969
    Latitude
    41.490757

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    FAQs

    What type of property is this?
    Office building - 20,000 SF Class A office building for sale.
    Where is this office building located?
    The property is located at 5320 22Nd Ave Moline, IL.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: - Class-A office building with existing tenant (Avadyne) and 10,000 SF vacancy, providing immediate income potential.; - Avadyne's recently signed lease renewal demonstrates commitment and stability.; - Excellent location off a highly traveled avenue with **high visibility building signage**.
    (217) 341-5993
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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
    5320 22Nd Ave Moline, IL 61265
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