Current Use by Public Records
- Land
Property Details for 0 5Th Street Ct
- Lot size
- 2.66 lot acres
- Property type
- Land
Description
This exceptional 2.66-acre parcel presents a unique investment opportunity in the thriving city of Silvis, Illinois. Located at 0 5th Street, this commercially and residentially zoned (C2) property boasts a prime location adjacent to the HyVee-anchored Twin Oaks Shopping Center, ensuring high visibility and accessibility. The site benefits from its position off Avenue of the Cities (19,100 vehicles per day) and 19th Street (8,600 vehicles per day), guaranteeing significant traffic exposure. The property's location within a Tax Increment Financing (TIF) district offers potential tax advantages. Development options are plentiful, including build-to-suit or leaseback arrangements, making it ideal for a variety of uses. Subdivision along 5th Street is a possibility, allowing for flexibility in development plans. The site is well-suited for multi-family residential or retail development. The surrounding area is rich with amenities, including Auto Zone, Five Below, Genesis Medical Center, and the prestigious TPC Deere Run, home to the John Deere Classic. Numerous lodging, dining, and entertainment options are also conveniently located nearby. This property offers an unparalleled opportunity to capitalize on a high-traffic location and strong surrounding infrastructure. Asking price is $595,000. Zip code: 61282.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Silvis
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.4204
- Latitude
- 41.5139
