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Property profile & analytics
OFF-MARKET
Land

0 12Th Ave Moline, IL 61244

3.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.5 ac (152,460 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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