12th Ave East Moline, IL 61244
This exceptional 1.45-acre parcel, located at 0 12th Avenue L 15 in East Moline, Illinois (zip code 61244), presents a unique investment opportunity. Zoned B-3, this land is ideally situated on a bend in the Mississippi River, offering stunning views and unparalleled access. The property is part of a vibrant, rapidly developing area undergoing significant infrastructure improvements, with over $10 million invested. The surrounding area is experiencing substantial growth, including the planned construction of three apartment complexes and two Hyatt Hotels, along with supporting restaurants, retail establishments, and green spaces. This strategic location ensures high visibility and accessibility, making it perfect for a variety of commercial ventures. The asking price is $376,358, translating to $6.00 per square foot. The property is owned by an L.L.C. This is an exceptional chance to capitalize on the momentum of this thriving riverfront development. The property's prime location and the significant investment in surrounding infrastructure make this a compelling opportunity for investors seeking high-growth potential. Don't miss this chance to be part of East Moline's exciting future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.