Multi-Building Industrial
For Sale
$300,000
80 13th Avenue, Rock Island, IL 61201
Includes office space, a basement, and two industrial structures with overhead-door access.
Property Size1,344 SF
Price / SF$223.21
Days on Market23
Property Features for 80 13th Avenue
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Commercial
Additional Details
Property Use
Industrial
Taxes and HOA fees
Annual Taxes
$10,264
Building Details
Building Size
1,344 SF
Year Built
1969
Buildings
3
Units
3
Listing Agency:
Mel Foster Co. Commercial
Listed By:
Thad Denhartog
(563) 324-4488
Source:
Fishmangroup
Added: Oct 2
Changed: Oct 23
Last Checked: Oct 23 at 1:24PM
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 Mel Foster Co. Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The industrial property comprises three buildings: a 3,000-square-foot office with a full basement and two full bathrooms, a 2,088-square-foot industrial building with one overhead door, and a Quonset building equipped with three overhead doors. The property was built in 1969 and is located at 80 13th Avenue in Rock Island, Illinois.
Key Highlights
- Three‑building industrial property in Rock Island, IL
- 3,000‑square‑foot office building with full basement and two full bathrooms
- 2,088‑square‑foot industrial building with one O.H. door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,493
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,860
$209.9K
Cap Rate 7%
$149,900
$149.9K
Cap Rate 9%
$116,589
$116.6K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$13.1K $9.72/SF
− Vacancy
−$719 −$0.53/SF
EGI
$12.3K $9.19/SF
− OpEx
−$1.9K −$1.38/SF
NOI
$10.5K $7.81/SF
Area
Rock Island County, IL
Vacancy
5.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,860
Cap Rate 7%
$149,900
Cap Rate 9%
$116,589
Alternative Uses
Best Use
Warehouse
$149.9K
$131.2K – $174.9K
NOI $10,493 @ 7.0% cap · market cap 3.50%
Second Best
Industrial
$123.5K
$108.0K – $144.0K
NOI $8,642 @ 7.0% cap · market cap 2.88%
Theoretical Best
Healthcare Medical
$228.9K
$200.3K – $267.0K
NOI $16,022 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 61201, IL
37,366
Population
17,459
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
17.9 sq mi
ZIP Area
2,087
Density / Sq Mi
$57,260
Median Household Income
$34,541
Median Earnings
$822
Median Rent
$118,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Includes office space, a basement, and two industrial structures with overhead-door access.
Where is this industrial property located?
The property is located at 80 13th Avenue Rock Island, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three‑building industrial property in Rock Island, IL; 3,000‑square‑foot office building with full basement and two full bathrooms; 2,088‑square‑foot industrial building with one O.H. door
