Property profile

164 5Th Avenue Pl Moline, IL 61265

OFF-MARKET
Warehouses
Built 1947
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1947

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

164 5Th Avenue Pl Moline, IL 61265
Moline metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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