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    OFF-MARKET
    Warehouses

    164 5Th Avenue Pl, Moline, IL 61265

    Built 1947
    Property ID
    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
    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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