164 5Th Avenue Pl, Moline, IL 61265
This exceptional investment opportunity presents two buildings situated on a land parcel in Moline, Illinois, at 164 5th Avenue, zip code 61265. Built in 1947, this property offers a unique blend of commercial and warehouse space, ideal for a variety of uses. The northern building features a hoist (available for an additional $5,000), office space, a restroom, and convenient drive-through doors on both the north and south sides. The second building is a spacious, open structure with drive-through doors on the north and east sides. The property's previous use as a tire business speaks to its inherent suitability for storage and distribution. The asking price for this combined land and building package is $145,000. This property is located in Rock Island County and offers significant potential for a savvy investor seeking a versatile industrial space in a well-established location. The property's dual-building configuration provides flexibility for various business needs, while the drive-through access enhances operational efficiency. This is a rare opportunity to acquire a well-positioned, multi-functional property at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.