Property profile

201 12Th Ave East Moline, IL 61244

FOR LEASE
Commercial land
Property ID
US28-5473050
1.45 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,866 square foot office space, located at 201 12th Avenue in East Moline, Illinois, presents a remarkable opportunity for businesses seeking a prime location. Completed in the first quarter of 2022, this property is part of a new retail/office strip center, offering modern amenities and a vibrant atmosphere. Situated on a bend in the Mississippi River, the building enjoys stunning views and benefits from its proximity to a thriving community. The surrounding area boasts a mix of residential, commercial, and recreational spaces, including apartment complexes, hotels, restaurants, and ample green space. This location provides excellent visibility and accessibility, making it ideal for a variety of businesses. The property's address is 201 12th Avenue, East Moline, IL 61244, within Rock Island County. The building itself is a single structure, offering a cohesive and efficient workspace. The asking price is to be determined. This is an unparalleled chance to establish a presence in a rapidly growing area with significant potential for success. Join the momentum and secure your space today.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.45 ac (63,162 SF)
Zoning code EM
APN 08-26-404-017
UPID US28-5473050

Cap rate & NOI

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

Location

201 12Th Ave East Moline, IL 61244
East Moline metro Census 20600 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2022
1 recorded transaction
2022
$250,000

Zoning & alternative use

EM · East Moline, IL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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