Updated Gas Station and
For Sale
$349,900
1830 5th Ave, Moline, IL 61265
Corner-lot property combines a convenience store with upgraded fueling infrastructure and direct access to I-74.
Property Size1,500 SF
Price / SF$233.27
Days on Market68
Property Features for 1830 5th Ave
General Information
Standard status
Active
Size
1,500 SF
Building Details
Year Built
1965
Listing Agency:
eXp Realty
Listed By:
Stephanie Kauzlarich · License #S59919000/475.135257
(833) 835-5566
Source:
Amyboston.realtopiare
Added: Aug 8
Changed: Oct 1
Last Checked: Oct 13 at 12:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This gas station and convenience store occupies a 1,500-square-foot building constructed in 1965. The site includes two fuel tanks installed in 2013: a 6,000-gallon tank for unleaded gasoline and a 4,000-gallon tank for premium gasoline. The canopy and dispensing pumps have also been updated. Inside, the store has three new refrigerator units with 12 doors, and a digital fuel-tank monitor is on order.
Positioned at 1830 5th Ave in downtown Moline, the property sits on a corner lot with access to and from I-74. The real estate and convenience store are offered as-is. The store and station are currently closed, and no financial statements or liquor/beer license are included. An environmental assessment has been completed and cleared, while exterior maintenance is scheduled for completion before closing.
Positioned at 1830 5th Ave in downtown Moline, the property sits on a corner lot with access to and from I-74. The real estate and convenience store are offered as-is. The store and station are currently closed, and no financial statements or liquor/beer license are included. An environmental assessment has been completed and cleared, while exterior maintenance is scheduled for completion before closing.
Key Highlights
- 1,500‑square‑foot building on a corner lot in downtown Moline
- Two fuel tanks installed in 2013: 6,000 gallons for unleaded and 4,000 gallons for premium
- Updated canopy and fuel pumps
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,642
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,840
$352.8K
Cap Rate 7%
$252,029
$252.0K
Cap Rate 9%
$196,022
$196.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$24.3K $16.20/SF
− Vacancy
−$778 −$0.52/SF
EGI
$23.5K $15.68/SF
− OpEx
−$5.9K −$3.92/SF
NOI
$17.6K $11.76/SF
Area
Rock Island County, IL
Vacancy
3.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,840
Cap Rate 7%
$252,029
Cap Rate 9%
$196,022
Alternative Uses
Best Use
Specialty Retail
$252.0K
$220.5K – $294.0K
NOI $17,642 @ 7.0% cap · market cap 5.04%
Second Best
Retail
$177.2K
$155.1K – $206.8K
NOI $12,405 @ 7.0% cap · market cap 3.55%
Theoretical Best
Healthcare Medical
$255.5K
$223.5K – $298.0K
NOI $17,882 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,006
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Hotels & Casinos 44%
Home Improvements & Furnishings 9%
Element Moline
Hotels & Casinos
5,040 visits/mo
0.4 miles
Chase Bank
Shops & Services
3,706 visits/mo
0.3 miles
Old National Bank
Shops & Services
1,691 visits/mo
0.2 miles
Sunbelt Rentals, Inc.
Home Improvements & Furnishings
1,075 visits/mo
0.4 miles
Demographics for 61265, IL
44,342
Population
20,396
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
2,309
Density / Sq Mi
$63,910
Median Household Income
$38,960
Median Earnings
$890
Median Rent
$142,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Gas station - Corner-lot property combines a convenience store with upgraded fueling infrastructure and direct access to I-74.
Where is this gas station located?
The property is located at 1830 5th Ave Moline, IL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,500‑square‑foot building on a corner lot in downtown Moline; Two fuel tanks installed in 2013: 6,000 gallons for unleaded and 4,000 gallons for premium; Updated canopy and fuel pumps
