Property profile

L 12 12Th Ave East Moline, IL 61244

OFF-MARKET
Commercial real estate
1.43 ac lot
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Property summary

AI-generated overview

This exceptional 1.43-acre commercial land parcel in East Moline, Illinois, presents a unique investment opportunity. Located at 0 12th Avenue L 12, zip code 61244, this property is zoned B-3 and offers significant potential for development. The site boasts a prime location on the bend of the Mississippi River, providing stunning views and high visibility. This area is experiencing substantial growth, with planned developments including three apartment complexes, two Hyatt hotels, restaurants, retail spaces, and extensive green areas. Over $10 million is being invested in infrastructure improvements, further enhancing the value and appeal of this location. The asking price for this exceptional property is $373,745, translating to approximately $6 per square foot. The land is owned by an LLC. This is an unparalleled chance to capitalize on the momentum of this thriving riverfront development and become part of a vibrant, expanding community. The property's strategic location and the significant investment in surrounding infrastructure make it an ideal site for a variety of commercial ventures. Don't miss this exceptional opportunity to secure a piece of East Moline's exciting future.

Property profile

Verified
Property type Commercial real estate
Lot 1.43 ac (62,291 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

L 12 12Th Ave East Moline, IL 61244
East Moline metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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