Property profile

2802 Ave Of The Cities Ave Moline, IL 61265

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional commercial property located at 2802 Avenue of the Cities in Moline, Illinois, 61265, presents a unique investment opportunity. Priced at $299,900, the property consists of a single building encompassing three separate retail spaces, ideal for a variety of businesses. The building also features a conveniently attached 1-bedroom, 1-bathroom rental house, providing an additional income stream. This attractive feature enhances the overall return on investment. The property's prime location in Moline offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong tenant occupancy. The land itself is situated in a rapidly developing area, promising future appreciation in value. This versatile property is perfect for an investor seeking a blend of commercial and residential income, or a business owner looking for a strategic location to establish or expand their operations. The property's combination of retail spaces and a rental unit offers a diversified income portfolio, mitigating risk and maximizing potential returns. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for commercial use and is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2802 Ave Of The Cities Ave Moline, IL 61265
Moline metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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