12Th Ave East Moline, IL 61244
- Land
- 1.64 lot acres
Current Use by Public Records
- Land
Property Details for 0 12Th Ave
- Lot size
- 1.64 lot acres
- Property type
- Land
Description
This exceptional 1.64-acre commercial land parcel, located at 0 12TH Avenue #L 1 in East Moline, Illinois (zip code 61244), presents a unique investment opportunity. Zoned B-3, this property is priced at $428,630, translating to $6 per square foot. Situated on a bend in the Mississippi River along 12th Avenue, this site benefits from its strategic location within a rapidly developing area. The surrounding area is experiencing significant growth, with plans for three apartment complexes, two Hyatt hotels, a conference center, restaurants, retail establishments, and the addition of Murphy Park. Over $10 million is being invested in infrastructure improvements, further enhancing the value and appeal of this location. This prime location offers exceptional visibility and accessibility, making it ideal for a variety of commercial developments. The property's size and zoning provide ample flexibility for various uses, capitalizing on the substantial ongoing investment and development in the immediate vicinity. This is an unparalleled chance to be part of a thriving community and benefit from the significant momentum of this exciting project. The property is ready for development and offers a strong return on investment.
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
- East Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.3577
- Latitude
- 41.5253
