12th Ave, Moline, IL 61244
This exceptional 1.39-acre commercial land parcel in East Moline, Illinois, presents a unique investment opportunity. Located at 0 12th Avenue L 13, this property boasts a desirable B-3 zoning designation, offering considerable flexibility for development. The asking price is $363,290, translating to a land value of $6 per square foot. Situated on a bend in the Mississippi River, this site benefits from a prime location within a rapidly developing area. The surrounding area is experiencing significant growth, with planned additions including three apartment complexes, two Hyatt hotels, restaurants, retail spaces, and extensive green areas. Over $10 million is being invested in infrastructure improvements, further enhancing the value and appeal of this location. The property is owned by an LLC and offers exceptional potential for developers seeking to capitalize on the burgeoning growth and prime riverfront location. The 61244 zip code provides easy access to major transportation routes and amenities. This is an unparalleled chance to become part of a thriving community and a significant development project. The property's size and zoning make it suitable for a variety of commercial ventures. Don't miss this chance to secure a piece of East Moline's vibrant future.
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
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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.