0 12Th Ave East Moline, IL 61244
This exceptional 1.54-acre commercial land parcel, located at 0 12th Avenue in East Moline, Illinois, presents a unique investment opportunity. Zoned B-3, this property offers significant development potential within a rapidly growing area. Situated on a bend in the Mississippi River, the land boasts a prime location adjacent to a planned multi-million dollar development. This includes three apartment complexes, two Hyatt hotels, a conference center, restaurants, retail spaces, and Murphy Park. The site benefits from over $10 million in planned infrastructure improvements, ensuring future growth and accessibility. The asking price is $402,494, translating to $6 per square foot. The property is owned by an LLC and offers unparalleled potential for commercial development, capitalizing on the significant investment and revitalization occurring in the surrounding area. The property's strategic location and zoning make it ideal for a variety of commercial uses, promising strong returns for the discerning investor. This is a rare chance to secure a piece of East Moline's burgeoning commercial landscape. The property's proximity to the Mississippi River and the planned amenities provides exceptional visibility and access. Don't miss this chance to be part of a thriving community. The legal description and further details are available upon request.
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.