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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2332 53Rd Street Dr Moline, IL 61265

Built 1940
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 2332 53RD Street in Moline, Illinois, 61265, presents a unique investment opportunity. Priced at $160,000, this property offers a versatile space suitable for a wide range of businesses. Built in 1940, the single building sits on a lot conveniently located just one block south of Avenue of the Cities, ensuring high visibility and easy accessibility. The property features a garage, substantial storage space, and ample parking, catering to the needs of various commercial ventures. Previous occupants included a salon and an HVAC business, demonstrating its adaptability. Currently vacant, this property is ready for immediate occupancy. The property is also available for lease at a gross monthly rate of $3,500. All measurements and information provided should be independently verified by the buyer. This is a fantastic opportunity for investors and small business owners seeking a well-situated, adaptable commercial space in a thriving Illinois community. The property's location and features make it an attractive option for a variety of commercial uses.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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