4913 River Dr, Moline, IL 61265
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
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