Corner Gas Station Convenience
1830 5TH Avenue Moline, IL 61265
1830 5TH Avenue, Moline, IL, 61265
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For Sale
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Turnkey corner gas station with a convenience store, two 2013 fuel tanks, updated canopy and pumps, and a 1,500 sq. ft. building.
Property Size1,500 SF
Price / SF$250
Days on Market112
Property Features for 1830 5TH Avenue
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Retail, Mixed Use
Building Details
- Year Built
- 1965
Listing agency
EXP REALTY, LLC.
(833) 835-5566
Listed by
Stephanie Kauzlarich · License #S59919000/475.135257
Source
Crexi
Added: Apr 1 Updated: Jul 21 at 12:26AM Checked: Jul 21 at 12:26AM
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, LLC.
Investment Insights
Based on property information with market context.
This turnkey corner gas station and convenience store includes updated fuel infrastructure and an attached retail building being sold as-is. The site features two fuel tanks installed new in 2013, including a 6,000-gallon unleaded tank and a 4,000-gallon premium tank. The canopy and pumps have also been recently updated, and the building includes approximately 1,500 sq. ft., with 12 doors and three new refrigerator units.
The property is located on a corner lot in downtown Moline, Illinois, with easy access to and from I-74. A digital monitor for the gas tank is on order, and an environmental has already been completed and cleared.
The store and gas station are not currently open, and no financials or liquor/beer license are available. The seller is completing some exterior maintenance to be finished before closing.
The property is located on a corner lot in downtown Moline, Illinois, with easy access to and from I-74. A digital monitor for the gas tank is on order, and an environmental has already been completed and cleared.
The store and gas station are not currently open, and no financials or liquor/beer license are available. The seller is completing some exterior maintenance to be finished before closing.
Key Highlights
- Corner lot gas station and convenience store in downtown Moline with easy access to and from I‑74
- Two fuel tanks installed in 2013: one 6,000‑gallon unleaded tank and one 4,000‑gallon premium tank
- Updated canopy and pumps, plus store includes 3 new refrigerator units
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.3k | $16.20 |
| − Vacancy | −$778 | −$0.52 |
| EGI | $23.5k | $15.68 |
| − OpEx | −$5.9k | −$3.92 |
| NOI | $17.6k | $11.76 |
1,500 SF · lease $16.20/SF/yr · vacancy 3.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$252.0K
$220.5K – $294.0K
NOI $17,642 @ 7.0% cap · market cap 4.70%
Second Best
Retail
$177.2K
$155.1K – $206.8K
NOI $12,405 @ 7.0% cap · market cap 3.31%
Theoretical Best
Healthcare Medical
$255.5K
$223.5K – $298.0K
NOI $17,882 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Turnkey corner gas station with a convenience store, two 2013 fuel tanks, updated canopy and pumps, and a 1,500 sq. ft. building.
Where is this gas station located?
The property is located at 1830 5TH Avenue Moline, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Corner lot gas station and convenience store in downtown Moline with easy access to and from I‑74; Two fuel tanks installed in 2013: one 6,000‑gallon unleaded tank and one 4,000‑gallon premium tank; Updated canopy and pumps, plus store includes 3 new refrigerator units
