12Th Ave Moline, IL 61244
- Land
- 3.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 12Th Ave
- Lot size
- 3.50 lot acres
- Property type
- Land
Description
This exceptional 3.5-acre commercial development lot, located at 0 12TH Avenue #L 3 in East Moline, Illinois (zip code 61244), presents a unique investment opportunity. Zoned B-3, this property offers significant potential for a variety of commercial uses. The land is priced at $914,760, translating to $6 per square foot. Situated on a bend in the Mississippi River along 12th Avenue, this site benefits from a prime location within a rapidly developing area. The surrounding area is experiencing substantial growth, with plans for three apartment complexes and two Hyatt hotels, along with supporting restaurants, retail establishments, and green spaces. Over $10 million is being invested in infrastructure improvements in the immediate vicinity, further enhancing the value and appeal of this property. This is an exceptional chance to capitalize on the momentum of this thriving riverfront location and become part of a vibrant, expanding community. The property's coordinates are 41.5004058 latitude and -90.5070716 longitude. This is a rare opportunity to acquire a significant parcel of land in a high-growth area with excellent visibility and access.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.5071
- Latitude
- 41.5004
