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    513-527 39Th St Rock Island, IL 61201

    Sponsored
    For Sale
    $50,000

    0.64-acre lot, B-3 zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.64-acre commercial land parcel, located at 513-527 39th Street in Rock Island, Illinois, presents a unique investment opportunity. Situated in a vibrant area with a daily traffic count of 15,600 vehicles, this property boasts a highly desirable B-3 zoning designation, opening doors to a multitude of development possibilities. Utilities are readily available on-site, simplifying the construction process. The location offers significant advantages, with over 1,200 employees in the immediate vicinity, along with the substantial population of students, faculty, and staff associated with Augustana College. This translates to a large potential customer base for any future development. The asking price for this strategically positioned lot is $50,000. The property's size and zoning make it ideal for a variety of build-to-suit options, catering to diverse commercial needs. This is a rare chance to acquire a well-located commercial land parcel in a thriving area of Rock Island, offering excellent potential for significant return on investment. The zip code is 61201, and the property is in Rock Island County.

    Property Features for 513-527 39Th St

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    HighLights

    • B3 Zoning.
    • Build‑to‑suit opportunities available.
    • Utilities on‑site.
    • Strong workforce of 1,200+ employees and proximity to Augustana College.
    • High daily traffic count of 15,600 vehicles.
    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
    Rock Island
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.545911
    Latitude
    41.5069105

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    FAQs

    What type of property is this?
    Land - 0.64-acre lot, B-3 zoning, high traffic.
    Where is this land located?
    The property is located at 513-527 39Th St Rock Island, IL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: B3 Zoning.; Build-to-suit opportunities available.; Utilities on-site.
    Request Owner's contact information
    513-527 39Th St Rock Island, IL 61201
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    Rock Island, IL 61201
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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
    513-527 39Th St Rock Island, IL 61201
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