479 27Th St East Moline, IL 61244
This exceptional commercial property, located at 479 27th St, East Moline, IL 61244, presents a significant investment opportunity. The 18,864 square foot building sits on a 2.97-acre lot zoned Commercial B-2, offering versatile usage potential. Built in 1996, the single-story structure features three distinct shop areas totaling approximately 12,120 square feet. These areas boast high ceilings (up to 20 feet), advanced exhaust systems, three-phase power, and ground-level overhead doors. Specific shop areas include a 1996 trim shop (70' x 36', 14' ceiling), a 1999 addition (100' x 60', 20' ceiling, 2,100 sq ft mezzanine), and a 2003 addition (60' x 60', 20' ceiling) with a 60' x 50' outdoor canopy. In addition to the shop space, there is approximately 6,744 square feet of office and classroom space. The property also includes an asphalt parking lot with 85 designated parking spaces. Its prime location offers excellent accessibility, with close proximity to I-88, I-80, I-74, and John Deere Road, adjacent to the East Moline Industrial Park. The property's APN is 09-30-209-001. This well-maintained property is currently vacant and ready for immediate occupancy. The asking price is $1,050,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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