5Th St Silvis, IL 61282
- Land
- 2.66 lot acres
Current Use by Public Records
- Land
Property Details for 0 5Th St
- Lot size
- 2.66 lot acres
- Property type
- Land
Description
This exceptional 2.66-acre commercial land parcel presents a unique investment opportunity in Silvis, Illinois. Located adjacent to the HyVee-anchored Twin Oaks Shopping Center, this outlot boasts unparalleled visibility, situated off Avenue of the Cities (19,100 vehicles per day) and 19th Street (8,600 vehicles per day). The property is zoned C-2, offering flexibility for a variety of development options, including multi-family residential or retail uses. The site's 115,878 square feet provide ample space for a substantial build-to-suit project, or a ground lease arrangement could be negotiated. This location benefits from its inclusion in a Tax Increment Financing (TIF) District, potentially offering attractive financial incentives. Furthermore, the property allows for potential subdivision along 5th Street, maximizing development potential. The surrounding area is vibrant, with neighboring businesses including AutoZone, Five Below, Genesis Medical Center, and the prestigious TPC Deere Run (home of the John Deere Classic), along with numerous lodging, dining, and entertainment establishments. This prime location offers exceptional accessibility and strong demographics, making it an ideal site for a variety of commercial or residential developments. The APN is 18-06-401-007. This single-tenant property is ready for your vision.
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
- Silvis
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.423
- Latitude
- 41.492
