0 12Th Ave Moline, IL 61244
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.
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.