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    1631 Isett Ave Muscatine, IL 52761

    For Sale
    $319,900

    High-traffic corner lot, 13 tenants, great income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a fully occupied, multi-tenant warehouse complex situated on a high-traffic corner lot at 1631 Isett Avenue in Muscatine, Illinois, 52761. The property consists of three buildings totaling thirteen tenants, offering significant income potential. Currently, only one office space remains available for lease, indicating strong tenant demand. The property is zoned for Commercial Light Industrial use, making it suitable for a variety of businesses. The asking price for this land and industrial property is $319,900. This prime location provides excellent visibility and accessibility, further enhancing its investment appeal. The existing tenant base provides immediate cash flow, with the potential for increased revenue through leasing the vacant office space and exploring further secure storage options. This is an ideal opportunity for investors seeking a stable, high-yield property in a desirable location. The property's multi-tenant structure mitigates risk and provides diversification of income streams. The high traffic location ensures strong visibility and accessibility for tenants and customers alike. This is a rare opportunity to acquire a well-established, income-producing property with significant upside potential.

    Property Features for 1631 Isett Ave

    General Information

    Property type
    Distribution properties

    Building Details

    Buildings
    3

    HighLights

    • Fully occupied, 13‑tenant warehouse complex on a high‑traffic corner lot in Muscatine, IL.
    • Asking price: $319,900.
    • One office space available for lease, indicating strong tenant demand.
    • Zoned for Commercial Light Industrial use.
    • Provides immediate cash flow with potential for increased revenue.
    • Multi‑tenant structure mitigates risk and diversifies income streams.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Morgan Trucking Co Trucking Company River City Moving ... Mover

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muscatine
    County
    Muscatine
    State
    Illinois
    Longitude
    -91.041809765288
    Latitude
    41.443642321033

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    FAQs

    What type of property is this?
    Distribution property - High-traffic corner lot, 13 tenants, great income potential.
    Where is this distribution property located?
    The property is located at 1631 Isett Ave Muscatine, IL.
    What is the asking price?
    The asking price for this property is $319,900.
    What are key features of this property?
    This property features: Fully occupied, 13-tenant warehouse complex on a high-traffic corner lot in Muscatine, IL.; Asking price: $319,900.; One office space available for lease, indicating strong tenant demand.
    Request Owner's contact information
    1631 Isett Ave Muscatine, IL 52761
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    Muscatine, IL 52761
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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
    1631 Isett Ave Muscatine, IL 52761
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