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    4024 Blackhawk Rd Rock Island, IL 61201

    Sponsored
    For Lease
    $7 SF/Yr

    Prime Retail/Office Space Available

    Lot size:
    65,330 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Rock Island, IL commercial property, located at 4024 Blackhawk Road, offers 65,330 square feet of space within a single building. The property is zoned B4 and features a mix of retail and office space, currently operating as a multi-tenant building. A significant portion of the building, totaling 26,872,687 square feet, is currently vacant, presenting a substantial opportunity for expansion or redevelopment. The property boasts a prime location in Rock Valley Plaza, anchored by Dollar General and Salon Centric, ensuring high visibility and foot traffic. Ample parking is available, and the property benefits from convenient access to public transportation, with nearby Metro bus routes 53, 57, and 60. The property's APN is 10-4923, and it is situated in Rock Island County (IL), zip code 61201. Pass-through expenses are estimated at $3.00 per square foot. This property presents a unique opportunity for investors and businesses seeking a high-traffic location with significant expansion potential. The property consists of one building on a large parcel of land. Serious inquiries only.

    Property Features for 4024 Blackhawk Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,330 SF
    Total Rate
    38109.17

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    2,687 SF
    Rate per SF
    $7

    HighLights

    • Paved 4‑lane road frontage.
    • 7.07‑acre lot.
    • Public sewer available.
    • Municipal water supply.
    Property Profile Location Intelligence

    Current Use by Public Records

    Heartland Rock Island ... Dental Clinic Dr. Nathaniel Hyatt, ... Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Rock Island
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5438724
    Latitude
    41.4665268

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Retail/Office Space Available
    Where is this office property / space located?
    The property is located at 4024 Blackhawk Rd Rock Island, IL.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Paved 4-lane road frontage.; 7.07-acre lot.; Public sewer available.
    Request Owner's contact information
    4024 Blackhawk Rd Rock Island, IL 61201
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    Rock Island, IL 61201
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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
    4024 Blackhawk Rd Rock Island, IL 61201
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