12th Ave East Moline, IL 61244
- Land
- 1.45 lot acres
Current Use by Public Records
- Land
Property Details for 12th Ave
- Lot size
- 1.45 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.3843
- Latitude
- 41.5306
