Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1515 5Th Ave Moline, IL 61265

    • Commercial real estate
    • 112,833 SF
    For Lease
    View listing
    $10,800 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-0153844
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Califf & Harper PC / Law Firm
    • Mid America Law Offices, Ltd. / Law Firm
    • Northwestern Mutual - Moline Financial Group / Financial Advisor
    • Attorney Ray Choudhry / Law Firm
    • J&M EMPIRE LLC CONSULTING / Consultant / Credit Counseling Service

    Property Details for 1515 5Th Ave

    Year built
    1991
    Construction
    BRICK
    Property size
    112,833 SF
    Zone code
    MOL
    Property type
    Commercial real estate
    APN
    08-32-403-002
    APU
    832403002

    Description

    This exceptional Class A office building, located at 1515 5th Avenue in downtown Moline, Illinois, offers a variety of spaces to suit diverse business needs. The property boasts a total of 112,833 square feet situated on 1.08 acres of land, and was constructed in 1991. Currently, there are six available office spaces ranging in size from 238 square feet to 16,405 square feet, allowing for flexibility in tenant requirements. The building is zoned B-2 and is located in Rock Island County, zip code 61265. Amenities include a fully equipped on-site gym with showers, a convenient attached parking garage with a covered walkway, and a rentable banquet room, perfect for corporate events or meetings. Each suite features a stocked kitchenette, and the building offers 24-hour key fob access for added security and convenience. Tenant improvement (TI) allowances are available for qualified tenants signing leases of three years or longer. Common area maintenance (CAM) charges encompass all utilities except for phone and internet services. Some suites offer the possibility of customized configurations to meet specific tenant needs. Detailed floor plans are available upon request. This is a truly exceptional opportunity for businesses seeking a well-appointed and conveniently located office space in the heart of Moline.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,968,000
      Market price range: $3.33M - $12.8M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5158
    Latitude
    41.5067
    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
    $157,877
    $164,001
    $1,534,772
    $1,698,773
    -
    $492,003
    $4,604,316
    $5,096,319

    Comparable in this City

    • Value Estimation by Request

      4109 44Th Avenue Ct

      Retail properties
      4109 44Th Avenue Ct, Moline, IL 61265
      View Details
    • Value Estimation by Request

      4391 16Th St

      Distribution properties
      4391 16Th St, Moline, IL 61265
      View Details
    • Value Estimation by Request

      4705 15Th Street A

      Office Properties & Spaces
      4705 15Th Street A, Moline, IL 61265
      View Details
    • Value Estimation by Request

      2332 53Rd Street Dr

      Retail properties
      2332 53Rd Street Dr, Moline, IL 61265
      View Details
    • Value Estimation by Request
      2,169 SF

      4105 44Th Avenue Ct

      Retail properties • 2,169 SF
      4105 44Th Avenue Ct, Moline, IL 61265
      View Details
    • Value Estimation by Request

      5320 22Nd Avenue Ct

      Office Properties & Spaces
      5320 22Nd Avenue Ct, Moline, IL 61265
      View Details

    Similar Nearby for Sale

    • $1,200,000
      2,688 SF

      Prime Moline Commercial Building

      High-traffic location, versatile space, great visibility.
      2222 41St Street Ct, Moline, IL 61265
      View Details
    • $1,050,000
      12,397 SF

      Moline Commercial Building - Great Location

      High-visibility corner lot, ample parking, tenant vacating 2025.
      701 19Th Ave, Moline, IL 61265
      View Details
    • Contact for pricing
      0.90 Acres

      Riverfront Commercial Land Moline IL

      Prime Moline Riverfront Acreage. Development Opportunity.
      5300 River Dr, Moline, IL 61265
      View Details
    • $410,000
      6,156 SF

      Moline Industrial Building - Great Potential

      Spacious building, 2 acres, ideal conversion.
      5325 Ave Of The Cities Ave, Moline, IL 61265
      View Details
    • $389,900
      7,614 SF

      Historic Moline Commercial Building

      Mixed-use, high-income potential, downtown location.
      1729 5Th Avenue Pl, Moline, IL 61265
      View Details
    • $1,100,000
      0.64 Acres

      3624-3636 Ave Of The Cities Ave

      Retail properties • 24,974 SF
      3624-3636 Ave Of The Cities Ave, Moline, IL 61265
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      12,760 SF

      Moline Commercial Land & Building

      Prime Moline location, single-tenant retail.
      4110 Ave Of The Cities Ave, Moline, IL 61265
      View Details
    • $9 SF/Yr
      24,974 SF

      Moline Commercial Property Investment

      Prime Moline location, 24,974 sqft, high traffic.
      3624-3636 Ave Of The Cities Ave, Moline, IL 61265
      View Details
    • Contact for pricing
      62,874 SF

      Moline Retail Space Available

      High-traffic retail space in Moline, IL.
      4401 16Th St, Moline, IL 61265
      View Details
    • $5 SF/Yr
      3,500 SF

      Prime Moline Commercial Space

      3,500 sq ft Office/Retail, Downtown Moline
      1614 5Th Avenue Pl, Moline, IL 61265
      View Details
    • $750,000
      9,968 SF

      Multi-Use Building Near SouthPark Mall

      9,968 sq ft building ideal for auto or storage.
      4512 27Th St, Moline, IL 61265
      View Details
    • $16 SF/Yr
      1,697 SF

      Prime East Moline Office Space

      1,697-3,394 sq ft, John Deere Parkway
      7017 John Deere Pkwy, Moline, IL 61265
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1515 5Th Ave
    Moline, IL 61265
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.