12th Ave East Moline, IL 61244
This exceptional 1.31-acre commercial land parcel, located at 0 12th Avenue L 11 in East Moline, Illinois (zip code 61244), presents a unique investment opportunity. Zoned B-3, this property is priced at $342,382, or $6 per square foot. The land is owned by an LLC and offers significant potential for development. Situated on a bend in the Mississippi River, this site benefits from its strategic location within a rapidly growing area. The surrounding development includes three planned apartment complexes and two Hyatt hotels, along with restaurants, retail spaces, and green areas. This substantial investment in infrastructure, exceeding $10 million, underscores the area's promising future and the significant potential for increased property value. The site's proximity to the river and the planned amenities creates a vibrant and attractive environment for businesses. This is an excellent opportunity to capitalize on the momentum of this thriving area and become part of a dynamic and expanding community. The property is ready for development, offering a blank canvas for a variety of commercial ventures. Serious inquiries are encouraged.
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.