5000 38Th Avenue Dr Moline, IL 61265
- Land
Current Use by Public Records
- Land
Property Details for 5000 38Th Avenue Dr
- Year built
- 1997
- Property type
- Land
Description
This exceptional commercial land opportunity in Moline, Illinois, presents 40,546 square feet (0.93 acres) of prime real estate, newly zoned B-3. Located on 38th Avenue, this property boasts unparalleled visibility and accessibility, situated near the heavily trafficked John Deere Road, with approximately 29,000 vehicles passing daily. Its strategic location places it in close proximity to the Quad City International Airport, John Deere World Headquarters, and a concentration of major retailers including Walmart, Target, Sam's Club, Lowe's, Best Buy, Menards, Kohl's, Dick's Sporting Goods, PetSmart, and Hy-Vee. The B-3 zoning allows for diverse development options, such as restaurants, retail spaces, and office buildings. Built in 1997, the property includes one existing building on the site. The property's potential is further enhanced by its proximity to a significant concentration of daily traffic and its location within a thriving commercial corridor. The rezoning, supported by Ordinance No. 3004-2024, reflects Moline's commitment to commercial growth in this area. The site's history includes a miniature golf course, presenting a unique opportunity for creative redevelopment. This is a compelling investment for developers and investors seeking a high-visibility location with significant development potential in a rapidly growing area. The asking price is $205,000.
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
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.4675
- Latitude
- 41.4709
