Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    840 35Th St Moline, IL 61265
    Back to Search
    Property profile & analytics

    840 35Th St Moline, IL 61265

    View on Map
    • Commercial real estate
    • 18,808 SF
    • 1.17 lot acres
    For Sale
    $495,000
    View Listing →
    Moline Medical Office Condo For Sale For Sale
    $495,000
    18,808 SF

    Moline Medical Office Condo For Sale

    Spacious medical office condo, ideal location.

    840 35Th St, Moline, IL 61265
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 840 35Th St

    Lot size
    1.17 lot acres
    Property size
    18,808 SF
    Property type
    Commercial real estate

    Description

    This exceptional 18,808 square foot medical office condo, unit 102, is available for sale at $495,000. Located at 840 35th Avenue Pla in Moline, Illinois, this property sits on a 1.17-acre lot and offers a prime location near John Deere Road and 7th Street, surrounded by other medical facilities. The unit boasts a thoughtfully designed layout including a welcoming waiting area, dedicated workspaces, and multiple treatment rooms, catering perfectly to a variety of medical practices. Ample parking is available for patients and staff, ensuring convenience and accessibility. A significant advantage is the inclusion of a large storage area, providing ample space for supplies and equipment. The property also features a covered canopy entrance, offering protection from the elements for patients and visitors. This turnkey medical office condo presents a rare opportunity to acquire a well-established and functional space in a thriving medical corridor. The strategic location and comprehensive amenities make this property an attractive investment for medical professionals seeking a comfortable and efficient workspace. The property is ready for immediate occupancy. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5259
    Latitude
    41.4724

    Comparable in this City

    • Value Estimation by Request

      4109 44Th Avenue Ct

      Retail properties & Spaces
      4109 44Th Avenue Ct, Moline, IL 61265
      View Details
    • Value Estimation by Request

      4391 16Th St

      Distribution properties
      4391 16Th St, Moline, IL 61265
      View Details
    • Value Estimation by Request

      4705 15Th Street A

      Office properties & Spaces
      4705 15Th Street A, Moline, IL 61265
      View Details
    • Value Estimation by Request

      2332 53Rd Street Dr

      Retail properties & Spaces
      2332 53Rd Street Dr, Moline, IL 61265
      View Details
    • Value Estimation by Request
      2,169 SF

      4105 44Th Avenue Ct

      Retail properties & Spaces • 2,169 SF
      4105 44Th Avenue Ct, Moline, IL 61265
      View Details
    • Value Estimation by Request

      5320 22Nd Avenue Ct

      Office properties & Spaces
      5320 22Nd Avenue Ct, Moline, IL 61265
      View Details

    Similar Nearby for Sale

    • $495,000
      18,808 SF

      Moline Medical Office Condo For Sale

      Spacious medical office condo, ideal location.
      840 35Th St, Moline, IL 61265
      View Details
    • $825,000
      3.13 Acres

      Moline Commercial Land - Prime Location

      3.13 Acres, Office Development Potential
      3580 7Th Street Ct, Moline, IL 61265
      View Details
    • $375,000
      1.67 Acres

      Moline Commercial Land - John Deere Rd

      High-traffic location, build-to-suit option.
      John Deere Rd, Moline, IL 61265
      View Details
    • $885,000
      6.25 Acres

      High-Visibility Commercial Land Moline, IL

      6.25 Acres, I-280 Frontage, High Traffic
      5445 27Th Street Dr, Moline, IL 61265
      View Details
    • $205,000
      360 SF

      Moline Commercial Lot - High Traffic Area

      Prime .93-acre lot, high visibility, B-3 zoning
      5000 38Th Avenue Dr, Moline, IL 61265
      View Details
    • $274,900
      3,269 SF

      Moline Commercial Property - Great Investment!

      Prime Moline location, 3 retail spaces + house.
      2802 Ave Of The Cities Ave, Moline, IL 61265
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      3,394 SF

      Prime East Moline Office Space

      Versatile Office/Retail, 3,394 SF
      7017 John Deere Pkwy, Moline, IL 61265
      View Details
    • Contact for pricing
      8,127 SF

      Moline Warehouse with Expansion Potential

      Warehouse space available for lease with additional land.
      4314 7Th St, Moline, IL 61265
      View Details
    • $5 SF/Yr
      12,760 SF

      Moline Commercial Land & Building

      Prime Moline location, single-tenant retail.
      4110 Ave Of The Cities Ave, Moline, IL 61265
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Moline, Illinois.
      4401 16Th St, Moline, IL 61265
      View Details
    • Contact for pricing

      Class A Office Space Available

      10,000 SF Class A office space for rent.
      5320 22Nd Ave, Moline, IL 61265
      View Details
    • Contact for pricing
      3,138 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 3138 square feet.
      1620 5Th Ave, Moline, IL 61265
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    840 35Th St
    Moline, IL 61265
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    840 35Th St, Moline, IL, 61265
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!