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    3650 Ave Of The Cities Ave Moline, IL 61265

    Sponsored
    For Lease
    $12 SF/Yr

    Versatile Moline space, strong income stream.

    Lot size:
    3,218 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Moline, Illinois commercial property at 3650 Avenue of the Cities offers a unique blend of retail, office, and warehouse space, totaling 3,218 square feet. Situated on a single-tenant lot with a B-3 zoning designation (APN 1703312003), this property presents a compelling investment opportunity. The building features two street-level storefronts ideal for retail businesses, seamlessly connected to a spacious rear warehouse area. Previous uses have included office and retail spaces, demonstrating the property's adaptability to a variety of commercial ventures. Currently, a portion of the property generates income from a dance studio and warehouse tenant, providing a stable revenue stream for the new owner. The property's location in Moline, Illinois, zip code 61265 (latitude 41.489658, longitude -90.482939), offers excellent accessibility and visibility. This single-building property is categorized as Land, Industrial, Office, and Retail, making it suitable for a diverse range of businesses seeking a versatile and established location. The property's existing income stream and flexible layout make it an attractive option for investors seeking a strong return on investment. Serious inquiries are encouraged to explore the potential of this multi-faceted commercial property.

    Property Features for 3650 Ave Of The Cities Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,218 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    3,218 SF
    Rate per SF
    $12

    HighLights

    • 3,218 SF multi‑use commercial building in Moline, IL.
    • Located on a single‑tenant lot with B‑3 zoning (APN 1703312003).
    • Features two street‑level retail storefronts and a spacious rear warehouse.
    • Currently generating income from existing tenants (dance studio and warehouse).
    • Excellent location in Moline, IL (61265) with high visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.482939
    Latitude
    41.489658

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    FAQs

    What type of property is this?
    Medical office - Versatile Moline space, strong income stream.
    Where is this medical office located?
    The property is located at 3650 Ave Of The Cities Ave Moline, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 3,218 SF multi-use commercial building in Moline, IL.; Located on a single-tenant lot with B-3 zoning (APN 1703312003).; Features two street-level retail storefronts and a spacious rear warehouse.
    Request Owner's contact information
    3650 Ave Of The Cities Ave Moline, IL 61265
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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
    3650 Ave Of The Cities Ave Moline, IL 61265
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