4500 16Th StMoline, IL 61265

  • Other commercial real estate
  • 124,452 SF
For Sale
$750,000 View listing

Property Details for 4500 16Th St

Year built
1973
Construction
FRAME
Lot size
9.14 AC
Property size (Sq ft)
124,452 SF
Zone code
MOL
Property type
Other commercial real estate
APN
17-16-107-002
APU
1716107002

Description

This exceptional retail opportunity is located within the prominent SouthPark Mall in Moline, Illinois, a thriving city within the Quad Cities region, straddling the Illinois-Iowa border. The property, a strip center/storefront, boasts a total building area of 825,000 square feet and offers multiple tenancy options. Currently, 107,451 square feet of vacant space is available, divisible into units as small as 1,721 square feet, with a maximum contiguous space of 107,451 square feet. The property sits on a substantial 67.7 acres (2,949,663 square feet) and is zoned B-4. Its strategic location is southwest of the intersection of Interstate 74 and Illinois Route 5 (John Deere Rd) at 4500 16th Street, placing it within easy reach of a large customer base. SouthPark Mall is one of two major regional malls in the Quad Cities, anchored by well-known retailers including Dillard's, JCPenney, Von Maur, Younkers, and Dick's Sporting Goods, ensuring high foot traffic and brand recognition. This presents a unique chance to establish or expand your business within a successful and established shopping center. The property's size and flexibility cater to a wide range of retail businesses, making it an attractive investment opportunity. Contact us today to learn more about this prime retail space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,720,980
    Hospitality
    $23,560,278
    Educational
    $19,601,876
    Medical
    $20,276,014
    Retail
    $30,491,806
4500 16Th St, Moline, Illinois
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Location Insight

City
Moline
County
Rock Island
State
Illinois
Latitude
41.4692
Longitude
-90.504
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$71,978
$278,905
$522,948
$801,853
-
$836,715
$1,568,844
$2,405,559

FAQs

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