12th Ave East Moline, IL 61244
This exceptional 1.43-acre commercial land parcel in East Moline, Illinois, presents a unique investment opportunity. Located at 0 12th Avenue L 12, zip code 61244, this property is zoned B-3 and offers significant potential for development. The site boasts a prime location on the bend of the Mississippi River, providing stunning views and high visibility. This area is experiencing substantial growth, with planned developments including three apartment complexes, two Hyatt hotels, restaurants, retail spaces, and extensive green areas. Over $10 million is being invested in infrastructure improvements, further enhancing the value and appeal of this location. The asking price for this exceptional property is $373,745, translating to approximately $6 per square foot. The land is owned by an LLC. This is an unparalleled chance to capitalize on the momentum of this thriving riverfront development and become part of a vibrant, expanding community. The property's strategic location and the significant investment in surrounding infrastructure make it an ideal site for a variety of commercial ventures. Don't miss this exceptional opportunity to secure a piece of East Moline's exciting future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.