Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3930 41St Avenue Dr Moline, IL 61265
    Back to Search
    Property profile & analytics

    3930 41St Avenue Dr Moline, IL 61265

    View on Map
    • Neighborhood centers
    • 27,078 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 3930 41St Avenue Dr

    Property size
    27,078 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Rock River Plaza offers exceptional retail opportunities in Moline, Illinois, a thriving city within the Quad Cities metropolitan area. This strip center boasts a total of 27,078 square feet, with two immediately available spaces. One space offers 2,125 square feet, while the other is a 1,750-square-foot endcap unit featuring a drive-thru. The property enjoys a prime location, shadow-anchored by a Walmart Supercenter, Lowe's, and Marshalls, ensuring high visibility and consistent foot traffic. Signalized access contributes to excellent accessibility, with over 41,000 vehicles passing daily. Further enhancing its appeal, two outparcels are available for ground lease, presenting additional development potential. The minimum divisible space is 1,750 square feet, with a maximum contiguous space of 2,125 square feet. Currently, 3,875 square feet are vacant. Moline's strategic location in the Midwest, near major interstates I-80, I-88, and I-74, makes it an attractive hub for businesses. Pricing is available upon request. This is a remarkable opportunity to establish or expand your retail presence in a high-demand area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.4819
    Latitude
    41.4692

    Comparable in this City

    • Value Estimation by Request
      22,445 SF

      3902 38Th Ave

      Neighborhood centers • 22,445 SF
      3902 38Th Ave, Moline, IL 61265
      View Details
    • Value Estimation by Request
      0.77 Acres

      3650-3654 Ave Of The Cities Ave

      Lifestyle centers • 11,395 SF
      3650-3654 Ave Of The Cities Ave, Moline, IL 61265
      View Details
    • Value Estimation by Request

      4109 44Th Avenue Ct

      Retail properties & Spaces
      4109 44Th Avenue Ct, Moline, IL 61265
      View Details
    • Value Estimation by Request

      4391 16Th St

      Distribution properties
      4391 16Th St, Moline, IL 61265
      View Details
    • Value Estimation by Request

      2332 53Rd Street Dr

      Retail properties & Spaces
      2332 53Rd Street Dr, Moline, IL 61265
      View Details
    • Value Estimation by Request
      2,169 SF

      4105 44Th Avenue Ct

      Retail properties & Spaces • 2,169 SF
      4105 44Th Avenue Ct, Moline, IL 61265
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,412 SF

      Downtown Rock Island Mixed-Use Building

      Three-story building with retail, restaurant space and upper-level apartments.
      1608 2Nd Ave, Rock Island, IL 61265
      View Details
    • Contact for pricing
      3,293 SF

      NNN Leased KFC Outlot

      Freestanding KFC outlot to SouthPark Mall for sale.
      4440 16Th St, Moline, IL 61265
      View Details
    • Contact for pricing
      54,670 SF

      Retail Investment Opportunity in Moline

      Fully occupied retail property near major retailers and transportation.
      4401 27Th St, Moline, IL 61265
      View Details
    • $795,000

      John Deere Road Commercial Land

      Commercial land with high potential near John Deere headquarters.
      7300 John Deere Rd, Moline, IL 61265
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      12,760 SF

      Moline Commercial Land & Building

      Prime Moline location, single-tenant retail.
      4110 Ave Of The Cities Ave, Moline, IL 61265
      View Details
    • $18 SF/Yr
      2,217 SF

      Prime Commercial Space, 53rd Street

      Spacious Office/Retail, High Visibility
      2332 53Rd Street Dr, Moline, IL 61265
      View Details
    • Contact for pricing
      2,125 SF

      Retail Space Near Walmart Supercenter

      Retail space available near Walmart and Lowe’s with high visibility.
      3915-3929 41St Avenue Dr, Moline, IL 61265
      View Details
    • $480,000
      4,820 SF

      Moline Multitenant Retail Property

      Multitenant retail property in Moline, Illinois, with two tenants.
      2340-2346 53Rd St, Moline, IL 61265
      View Details
    • $16 SF/Yr
      3,394 SF

      Prime East Moline Office Space

      Versatile Office/Retail, 3,394 SF
      7017 John Deere Pkwy, Moline, IL 61265
      View Details
    • Contact for pricing
      43,123 SF

      Retail Space with Pylon Sign

      Retail property with ample parking and high traffic counts.
      4555 16Th St, Moline, IL 61265
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3930 41St Avenue Dr
    Moline, IL 61265
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3930 41St Avenue Dr, Moline, IL, 61265
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!