NOT LISTED FOR SALE

Estimated Value: $942,000

-- Bed
-- Bath
1,850 Sq Ft
$509/Sq Ft Est. Value

About This Home

As of February 2020

1,850 SF (former tan salon) located in Pheasant Creek Crossing Shopping Center at 53rd and Elmore. Prime retail corner with excellent visibility and exposure and easy access to I-74. Located in a major retail corridor and high development area of the Quad Cities. Broker is a principal in the ownership of property and is licensed in Iowa and Illinois.

Last Agent to Rent the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 12/14/2016

Mel Foster Co. Commercial

Last Renter's Agent

Richard Schaefer

NAI Ruhl Commercial Company License #S32803000/475.140021

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • Built in 1998

Lot Details

  • 1.34

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Year Built

Built in 1998

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 21
  • Owner Pays: None
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1998
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 12556
  • Estimated Lot Sq Ft: 58578

Exterior Features

  • Exterior Finish: Glass
  • Frontage Access: Corner Lot
  • Insulation: Other Insulation
  • Roof Construction: Membrane
  • Wall Construction: Block

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Estimated Number of Acres: 1.34
  • Zoning: PDD
  • Geo Subdivision: IA
  • Property Use: Strip Center

Tax Info

  • Annual Taxes: 57210
  • Parcel Id Number Tax Id: Y0817-02M
  • Tax Incentive: None
  • Tax Year: 2018

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Rented $175,750 +352.4% --
12/14/2016 12/14/16 For Rent $38,850 -65.0% --
02/09/2016 02/09/16 Rented $111,000 0.0% --
02/09/2016 02/09/16 Under Contract -- -- --
02/09/2016 02/09/16 For Rent $111,000 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $63,209 $1,849,780 $702,940 $1,146,840
2023 $64,842 $1,849,780 $702,940 $1,146,840
2022 $64,752 $1,825,410 $702,940 $1,122,470
2021 $64,328 $1,828,880 $702,940 $1,125,940
2020 $63,980 $1,828,880 $702,940 $1,125,940
2019 $57,510 $1,641,240 $702,940 $938,300
2018 $57,337 $1,641,240 $702,940 $938,300
2017 $56,328 $1,641,240 $702,940 $938,300
2016 $48,744 $1,375,600 $0 $0
2015 $48,744 $1,375,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7041004

RMLS Alliance

APN: Y0817-02M