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    Property profile & analytics
    FOR SALE
    Commercial real estate

    612 35Th Ave, Moline, IL 61265

    4,505 SF Built 1986
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US28-5611993
    Property summary
    AI-generated overview

    This exceptional medical office building, located at 612 35th Ave in Moline, Illinois, presents a unique investment opportunity. The single-story, 4,505 square foot building sits on a spacious 20,299 square foot lot and is zoned O-1. The property features a well-designed layout ideal for medical practices, including a reception area (12'8" x 10'8"), a waiting area (13' x 12'), and two exam rooms (10'8" x 8'). Additional space includes two counseling rooms (11'9" x 10'8" and 10'10" x 10'8") and a small lab (8' x 6'7"). A fully finished lower level provides a sizable meeting area, offering ample potential for expansion or additional services. The property's convenient location in Rock Island County, Illinois, zip code 61265, ensures excellent visibility and accessibility for patients. This turnkey medical office building is priced at $900,000 and represents a strong investment in a thriving market. The property's existing layout and ample space make it an attractive option for a variety of medical practices seeking a well-established and functional space. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1986
    Construction FRAME
    Total area 4,505 SF
    Zoning code MOL
    APN 17-07-418-007
    UPID US28-5611993
    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
    Current use
    Occupant on record · Public records
    • Dr. Ramarao Pradeep, MD Physician
    • Endocrine Associates of the Quad Cities Medical Clinic
    • Purani Arumugam MD Physician Medical Clinic
    • Dr. Velusami Arumugam, MD Physician
    • Illinois Neurological Institute Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $310k
    CAP Approach CAP
    $700k
    Comparable Approach Comparable
    $523k
    Blend (final) Blend
    $510k
    Owner & transaction history
    Kapila LLC · 9 yrs held
    Kapila LLC
    since 2017
    7 recorded transactions
    2017
    2017
    $635,000
    2008
    $635,000
    1969
    1969
    1969
    1969
    Zoning & alternative use
    MOL · Moline, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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