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Property profile & analytics
OFF-MARKET
Commercial real estate
306 Ave Of The Cities East Moline, IL 61244-4021
Entity Owned
~
Est. High Equity
Property ID
US28-1247048
Property summary
AI-generated overview
Exceptional investment opportunity: a 4,808 sq ft car wash in East Moline, IL (306 Avenue of the Cities, 61244), situated on a 1.16-acre lot. This property boasts a strong 7.00% cap rate, generating a net operating income (NOI) of $350,000. The property is subject to a new 20-year triple-net (NNN) lease, commencing upon closing, with a corporate guarantee from Mammoth Holdings, LLC, a 130+ unit operator, ensuring consistent cash flow. Annual rent is $350,000, with built-in 1.5% annual increases, providing excellent long-term growth potential. Built in 2024, this fully occupied (100%) asset offers significant tax advantages, qualifying for accelerated and bonus depreciation. This sale-leaseback structure minimizes management responsibilities, making it an ideal addition to any passive income portfolio. The property's prime location in East Moline, Illinois, ensures high visibility and accessibility. This is a rare opportunity to acquire a high-performing, low-maintenance asset with exceptional long-term prospects. The asking price is $5,000,000.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1977
Construction
FRAME
Total area
4,344 SF
Zoning code
EM
APN
17-02-410-001
UPID
US28-1247048
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mammoth Silverstar LLC
Mammoth Silverstar LLC
since 2025
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
EM · East Moline, IL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Moline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Moline submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$20,844
Tax year 2022
Assessed value
$199,347
Assessed 2022
Previous assessed
$190,581
+4.6% YoY
Effective rate
10.46%
On assessed value
Assessed land
$51,715
Assessed improvement
$147,632
Land market value
$155,145
Improvement market value
$442,896
Total market value
$598,041
Applied tax rate
7,003.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1977
Construction
FRAME
Heating
NONE
Stories
1
Total area
4,344 SF
Zoning code
EM
APN
17-02-410-001
UPID
US28-1247048
Jurisdiction
ROCK ISLAND
Zoning & alternative use
EM · East Moline, ILZoning EM · permitted uses
EM · East Moline, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1977
Construction
FRAME
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Mammoth Silverstar LLC
Entity
Mailing address
200 S 6TH ST STE #4000, MINNEAPOLIS, MN 55402-1431
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2025
$4,861,500
Mammoth Silverstar LLC
Marc 1 Holdings LLC
Warranty Deed
$11,664,000 · Dupaco Community Cu
Jul 9, 2024
$5,876,500
Marc 1 Holdings LLC
Il1 East Moline LLC
Special Warranty Deed
—
Nov 28, 2023
—
Il1 East Moline LLC
—
Deed
related
$4,460,313 · First Western Bank & Trust
May 15, 2023
—
Il1 East Moline LLC
—
Deed
related
$500,000 · First Western Bank & Trust
Mar 24, 2023
$1,000,000
Il1 East Moline LLC
Galesburg Manufacturing II LLC
Warranty Deed
—
Aug 11, 2017
—
Galesburg Manufacturing II LLC
—
Deed
related
$2,200,000 · Tompkins State Bank
Dec 13, 2012
$431,500
Galesburg Manufacturing II LLC
Galesburg Mcnufacturing Co
Warranty Deed
related
—
Dec 13, 2012
—
Galesbug Manufacturing II LLC
—
Deed Of Trust
related
$5,250,000 · Smith Walter Trust (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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