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    5000 38Th Avenue Dr Moline, IL 61265

    Sponsored
    For Sale
    $205,000

    High-traffic, B-3 zoned lot, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land opportunity in Moline, Illinois, presents 40,546 square feet (0.93 acres) of prime real estate, newly zoned B-3. Located on 38th Avenue, this property boasts unparalleled visibility and accessibility, situated near the heavily trafficked John Deere Road, with approximately 29,000 vehicles passing daily. Its strategic location places it in close proximity to the Quad City International Airport, John Deere World Headquarters, and a concentration of major retailers including Walmart, Target, Sam's Club, Lowe's, Best Buy, Menards, Kohl's, Dick's Sporting Goods, PetSmart, and Hy-Vee. The B-3 zoning allows for diverse development options, such as restaurants, retail spaces, and office buildings. Built in 1997, the property includes one existing building on the site. The property's potential is further enhanced by its proximity to a significant concentration of daily traffic and its location within a thriving commercial corridor. The rezoning, supported by Ordinance No. 3004-2024, reflects Moline's commitment to commercial growth in this area. The site's history includes a miniature golf course, presenting a unique opportunity for creative redevelopment. This is a compelling investment for developers and investors seeking a high-visibility location with significant development potential in a rapidly growing area. The asking price is $205,000.

    Property Features for 5000 38Th Avenue Dr

    General Information

    Property type
    Land

    Building Details

    Year Built
    1997
    Buildings
    1

    HighLights

    • 0.93‑acre (40,546 SF) commercial lot in Moline, IL, newly zoned B‑3.
    • High‑visibility location on 38th Avenue, near heavily trafficked John Deere Road (approx. 29,000 vehicles daily).
    • Excellent proximity to Quad City International Airport, John Deere World Headquarters, and major retailers (Walmart, Target, etc.).
    • B‑3 zoning permits diverse development (restaurants, retail, offices).
    • Includes one existing building (built 1997); $205,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.467469
    Latitude
    41.4708937

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    FAQs

    What type of property is this?
    Land - High-traffic, B-3 zoned lot, development potential.
    Where is this land located?
    The property is located at 5000 38Th Avenue Dr Moline, IL.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: 0.93-acre (40,546 SF) commercial lot in Moline, IL, newly zoned B-3.; High-visibility location on 38th Avenue, near heavily trafficked John Deere Road (approx. 29,000 vehicles daily).; Excellent proximity to Quad City International Airport, John Deere World Headquarters, and major retailers (Walmart, Target, etc.).
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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
    5000 38Th Avenue Dr Moline, IL 61265
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