12Th Ave East Moline, IL 61244
- Land
- 1.54 lot acres
Current Use by Public Records
- Land
Property Details for 0 12Th Ave
- Lot size
- 1.54 lot acres
- Property type
- Land
Description
This exceptional 1.54-acre commercial land parcel, located at 0 12th Avenue in East Moline, Illinois, presents a unique investment opportunity. Zoned B-3, this property offers significant development potential within a rapidly growing area. Situated on a bend in the Mississippi River, the land boasts a prime location adjacent to a planned multi-million dollar development. This includes three apartment complexes, two Hyatt hotels, a conference center, restaurants, retail spaces, and Murphy Park. The site benefits from over $10 million in planned infrastructure improvements, ensuring future growth and accessibility. The asking price is $402,494, translating to $6 per square foot. The property is owned by an LLC and offers unparalleled potential for commercial development, capitalizing on the significant investment and revitalization occurring in the surrounding area. The property's strategic location and zoning make it ideal for a variety of commercial uses, promising strong returns for the discerning investor. This is a rare chance to secure a piece of East Moline's burgeoning commercial landscape. The property's proximity to the Mississippi River and the planned amenities provides exceptional visibility and access. Don't miss this chance to be part of a thriving community. The legal description and further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.3843
- Latitude
- 41.5306
