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    12Th Ave Moline, IL 61244

    Sponsored
    For Sale
    $974,873

    3.73 Acres, B-3 Zoning, Riverfront Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.73-acre commercial development lot in East Moline, Illinois, presents a unique investment opportunity. Located at 0 12TH Avenue #L 4, zip code 61244, this B-3 zoned property boasts a prime location on the bend of the Mississippi River. The asking price is $974,873, translating to $6 per square foot. This site is strategically positioned within a rapidly developing area, poised to benefit from significant infrastructure improvements exceeding $10 million in investment. The surrounding area will feature three new apartment complexes, two Hyatt hotels, restaurants, retail establishments, and extensive green spaces, creating a vibrant and attractive environment. This presents an excellent chance to capitalize on the current momentum and become part of a thriving mixed-use development. The property's location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to secure a piece of this exciting riverfront development.

    Property Features for 0 12Th Ave

    General Information

    Property type
    Land
    Lot Size
    162,479 SF

    HighLights

    • $974,873 asking price.
    • 3.73‑acre commercial land lot.
    • B‑3 zoning.
    • $6/SF land value.
    • Located in East Moline, IL, at 0 12TH Avenue #L 4.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5070716
    Latitude
    41.5004058

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    FAQs

    What type of property is this?
    Land - 3.73 Acres, B-3 Zoning, Riverfront Opportunity
    Where is this land located?
    The property is located at 12Th Ave Moline, IL.
    What is the asking price?
    The asking price for this property is $974,873.
    What are key features of this property?
    This property features: $974,873 asking price.; 3.73-acre commercial land lot.; B-3 zoning.
    Request Owner's contact information
    12Th Ave Moline, IL 61244
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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
    12Th Ave Moline, IL 61244
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