5000 38Th Avenue Dr Moline, IL 61265
- Commercial real estate
- 360 SF
- 0.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5000 38Th Avenue Dr
- Year built
- 1997
- Lot size
- 0.93 lot acres
- Property size
- 360 SF
- Property type
- Commercial real estate
Description
This exceptional 0.93-acre commercial lot in Moline, Illinois, presents a unique investment opportunity. Located on 38th Avenue, just off heavily trafficked John Deere Road, this property boasts impressive visibility with approximately 37,000 vehicles passing daily. The lot, encompassing 40,546 square feet, is newly zoned B-3, allowing for diverse commercial development, including restaurants, retail, and office spaces. Its strategic location near the Quad City International Airport and John Deere World Headquarters, coupled with proximity to major retailers such as Walmart, Target, Sam's Club, Lowe's, Best Buy, Menards, Kohl's, Dick's Sporting Goods, PetSmart, and Hy-Vee, ensures high foot traffic and strong potential for success. The property's rezoning, solidified by Ordinance No. 3004-2024, aligns perfectly with Moline's commercial growth strategy. Adding to its appeal, the possibility of restoring the existing miniature golf course offers a distinctive feature for future development. This prime location and flexible zoning make this a highly attractive opportunity for developers and investors seeking a high-impact commercial venture. The asking price is $205,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.4675
- Latitude
- 41.4709
