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    3603-3706 40Th Ave Moline, IL 61265

    Sponsored
    For Sale
    $995,000

    Prime Moline location, high-traffic area, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land opportunity in Moline, Illinois, presents a compelling investment prospect. Priced at $995,000, or $3.98 per square foot, this property offers 15 existing buildings on a sizable lot located at 3618-3706 40th Avenue, zip code 61265. The property is zoned commercial and currently generates income through short-term rental houses, providing immediate return on investment. Its strategic location offers significant potential for future development. The site is ideally positioned adjacent to a major retail hub, including Walmart, Lowe's, Marshall's, Applebee's, Wendy's, a 450,000 square foot shopping center, and Popeye's and US Cellular. This high-traffic area, situated near the JDR overpass at the intersection of 35th and 40th Avenue, ensures excellent visibility and accessibility. The seller is motivated and will consider all offers. The property's existing buildings provide a solid foundation for immediate income generation while offering ample space for future development, including pad sites for build-to-suit opportunities or resale to food establishments or other suitable tenants. This is a rare chance to acquire a well-located commercial property with immediate income and significant long-term growth potential in a thriving retail corridor.

    Property Features for 3603-3706 40Th Ave

    General Information

    Property type
    Land

    Building Details

    Buildings
    15

    HighLights

    • $995,000 asking price, $3.98/SF.
    • 250,000+ SF lot with 15 existing buildings at 3618‑3706 40th Avenue, Moline, IL 61265.
    • Commercial zoning with existing short‑term rental income.
    • High‑traffic location near major retailers (Walmart, Lowe's, Marshall's, etc.) and the JDR overpass.
    • Motivated seller considering all offers; potential for build‑to‑suit or resale opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.4893011
    Latitude
    41.4701779

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    FAQs

    What type of property is this?
    Land - Prime Moline location, high-traffic area, great potential.
    Where is this land located?
    The property is located at 3603-3706 40Th Ave Moline, IL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price, $3.98/SF.; 250,000+ SF lot with 15 existing buildings at 3618-3706 40th Avenue, Moline, IL 61265.; Commercial zoning with existing short-term rental income.
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    3603-3706 40Th Ave 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
    3603-3706 40Th Ave Moline, IL 61265
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