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    3400 70Th St Moline, IL 61265

    For Sale
    $73,150

    2+ Acre Commercial Lot, Multi-Family Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.09-acre commercial land parcel, located at 3400 70th Street in Moline, Illinois, presents a unique investment opportunity. Zoned R-6, the property offers a diverse range of permitted uses, making it highly versatile for various development projects. The location sits in a transitional area between low-density residential and non-residential zones, providing a strategic advantage. Permitted uses include single-family detached homes, zero lot line developments, duplexes, townhouses, group/institutional homes, public service and utility distribution facilities, daycare centers, kennels, recreational vehicle storage, solar energy systems, and real estate sales offices. Many additional uses are possible with a special use permit. The asking price is $73,150. The property's address is 3400 70th Street, Moline, IL 61265, within Rock Island County. This prime location and flexible zoning regulations make this land ideal for developers seeking a variety of options. The expansive lot size provides ample space for substantial projects, catering to a wide range of potential uses and maximizing investment potential. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 3400 70Th St

    General Information

    Property type
    Land
    Lot Size
    91,040 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.444174
    Latitude
    41.4781583

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    FAQs

    What type of property is this?
    Land - 2+ Acre Commercial Lot, Multi-Family Zoning
    Where is this land located?
    The property is located at 3400 70Th St Moline, IL.
    What is the asking price?
    The asking price for this property is $73,150.
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    3400 70Th St 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
    3400 70Th St Moline, IL 61265
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