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Property profile & analytics
OFF-MARKET
Land

513-527 39Th St Rock Island, IL 61201

0.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.64-acre commercial land parcel, located at 513-527 39th Street in Rock Island, Illinois, presents a unique investment opportunity. Situated in a vibrant area with a daily traffic count of 15,600 vehicles, this property boasts a highly desirable B-3 zoning designation, opening doors to a multitude of development possibilities. Utilities are readily available on-site, simplifying the construction process. The location offers significant advantages, with over 1,200 employees in the immediate vicinity, along with the substantial population of students, faculty, and staff associated with Augustana College. This translates to a large potential customer base for any future development. The asking price for this strategically positioned lot is $50,000. The property's size and zoning make it ideal for a variety of build-to-suit options, catering to diverse commercial needs. This is a rare chance to acquire a well-located commercial land parcel in a thriving area of Rock Island, offering excellent potential for significant return on investment. The zip code is 61201, and the property is in Rock Island County.

Property profile
Verified
Property type Land
Lot 0.64 ac (27,878 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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