5000 38th Ave Moline, IL 61265
Greater Homewood NeighborhoodEstimated payment $1,001/month
About This Lot
This prime commercial lot in Moline, Illinois, offers nearly an acre (0.93 acres) of exceptional development potential, newly zoned as B-3 to accommodate a range of uses, including restaurants, retail spaces, and office buildings. Situated just off the heavily trafficked John Deere Road, the property enjoys outstanding visibility with approximately 37,000 vehicles passing by daily. Spanning 40,546 square feet, it is ideally located near the Quad City International Airport, John Deere's World Headquarters, and a host of major retailers such as Walmart Supercenter, Target, Sam's Club, Lowe's, Best Buy, Menards, Kohl's, Dick's Sporting Goods, PetSmart, and Hy-Vee. This prime location makes it a highly attractive opportunity for developers and investors. The rezoning, backed by Ordinance No. 3004-2024, aligns with Moline's strategic plan for expanding commercial growth in this area. For those with a creative vision, the potential to restore the property's miniature golf course offers a unique addition to this already promising investment.
Listing Agent
NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 10/02/2024
Property Details
Property Type
- Land
Year Built
- Built in 1997
Lot Details
- 0.93 Acre Lot
- Property is zoned B-3
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,233 | $117,340 | $69,869 | $47,471 |
| 2023 | $10,233 | $108,048 | $64,336 | $43,712 |
| 2022 | $9,599 | $103,693 | $61,743 | $41,950 |
| 2021 | $9,274 | $99,133 | $59,028 | $40,105 |
| 2020 | $9,227 | $97,476 | $58,041 | $39,435 |
| 2019 | $9,147 | $95,941 | $57,127 | $38,814 |
| 2018 | $8,819 | $93,542 | $55,699 | $37,843 |
| 2017 | $8,672 | $92,069 | $54,822 | $37,247 |
| 2016 | $8,452 | $89,214 | $53,122 | $36,092 |
| 2015 | $8,260 | $87,192 | $51,918 | $35,274 |
| 2014 | -- | $88,064 | $52,437 | $35,627 |
| 2013 | -- | $88,064 | $52,437 | $35,627 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2024 10/02/24 | For Sale | $205,000 | -38.8% | -- | |
| 05/22/2014 05/22/14 | Sold | $335,000 | -16.0% | -- | View Prior Sale |
| 03/13/2014 03/13/14 | Pending | -- | -- | -- | |
| 08/31/2013 08/31/13 | For Sale | $399,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4257059
APN: 17-14-102-005
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