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Property profile & analytics
OFF-MARKET
Land

950 31St Ave Rock Island, IL 61201

5.65 ac lot
Property ID
US28-1681024
Property summary
AI-generated overview

This exceptional 5.65-acre commercial land parcel presents a unique investment opportunity in Rock Island, Illinois. Located at 950 31st Avenue, the property is zoned B3 - Community Business, offering a wide range of potential development options. The generous lot size provides ample space for a variety of commercial ventures. The current zoning allows for a diverse range of uses, making it suitable for businesses seeking a prominent location in a thriving community. The asking price is negotiable, providing flexibility for potential buyers. The property's strategic location in Rock Island County, with easy access to major transportation routes, further enhances its appeal. Prospective developers should note that the city of Rock Island may consider rezoning applications to accommodate office, residential, or retail uses, expanding the possibilities for this prime piece of real estate. This presents a rare chance to acquire a significant land holding in a desirable location with considerable development potential. Serious inquiries are encouraged to explore the possibilities and discuss terms. The property address is 950 31st Ave, Rock Island, IL 61201.

Property profile
Verified
Property type Land
Lot 5.65 ac (246,114 SF)
UPID US28-1681024
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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