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    OFF-MARKET
    Marinas

    4913 River Dr, Moline, IL 61265

    6,036 SF 17.65 ac lot
    Property ID
    US28-1727497
    Property summary
    AI-generated overview

    Exceptional investment opportunity: a turnkey marina on the Mississippi River in Moline, Illinois. This 17.65-acre property boasts 104 boat slips, 67 of which are covered, each equipped with electrical and plumbing hookups. The marina achieved approximately 75% occupancy in 2023. While currently decommissioned, a 2,000-gallon fuel dock is present. On-site amenities include a small maintenance building with three restrooms and showers. A public boat ramp is conveniently located nearby. The property is situated next to a newly constructed (2020) restaurant. The property is held under an LLC and operates on a long-term, low-rate, assumable ground lease with the City of Moline. The total square footage is 6,036, and the property is zoned R-2. This exceptional waterfront property presents a rare opportunity for significant return on investment. The asking price is $1,250,000.

    Property profile
    Verified
    Property type Marinas
    Total area 6,036 SF
    Lot 17.65 ac (768,834 SF)
    UPID US28-1727497
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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