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    OFF-MARKET
    Land

    12th Ave, Moline, IL 61244

    1.39 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.39 ac (60,548 SF)
    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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