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    5420 Old Riv Rd Moline, IL 61265

    For Sale
    $699,000

    Prime 4.67-acre riverfront lot, TIF approved.

    Property size:
    203,418 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4.67-acre commercial land parcel, located at 5420 Old River Road in Moline, Illinois (zip code 61265), presents a unique investment opportunity. Boasting a substantial 203,418 square feet, this property enjoys a prime riverfront position along the Mississippi River. The City of Moline has recently approved Tax Increment Financing (TIF) for this site, making it an attractive prospect for developers. Surrounded by numerous amenities, including parks, trails, and marinas, the location offers excellent accessibility and appeal. Its proximity to Interstate 74 ensures convenient connectivity throughout the Quad Cities region, and its closeness to significant developments in East Moline, such as The Bend and the Rust Belt Complex (featuring a hotel, convention center, venue, and various retail options), further enhances its value. The property is zoned ORT (Office/Research/Park/Tech), providing flexibility for a range of commercial uses. The APN is 08-26-303-001. It's important to note that this property is situated within a floodplain. This offering presents a compelling chance to capitalize on the growth and development within the Quad Cities area. The asking price is $699,000.

    Property Features for 5420 Old Riv Rd

    General Information

    Property type
    Land
    Square Feet
    203,418 SF
    Lot Size
    203,425 SF

    Building Details

    Buildings
    1

    HighLights

    • 4.67‑acre commercial land parcel in Moline, IL (61265), APN 08‑26‑303‑001.
    • 203,418 square feet, prime Mississippi River frontage.
    • City‑approved Tax Increment Financing (TIF).
    • ORT zoning (Office/Research/Park/Tech).
    • Located near I‑74, The Bend, and Rust Belt Complex; floodplain property. Asking price: $699,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.461825
    Latitude
    41.516703

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    FAQs

    What type of property is this?
    Land - Prime 4.67-acre riverfront lot, TIF approved.
    Where is this land located?
    The property is located at 5420 Old Riv Rd Moline, IL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 4.67-acre commercial land parcel in Moline, IL (61265), APN 08-26-303-001.; 203,418 square feet, prime Mississippi River frontage.; City-approved Tax Increment Financing (TIF).
    Request Owner's contact information
    5420 Old Riv Rd 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
    5420 Old Riv Rd Moline, IL 61265
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