NOT LISTED FOR SALE

7922 42nd St Rock Island, IA 61201

Southwest Rock Island Neighborhood

Estimated Value: $1,702,343

-- Bed
-- Bath
-- Sq Ft
5.1 Acres

About This Home

As of July 2018

76,800 sf industrial building in very good condition located in Rock Island Industrial Park on 5 plus acres with fenced rear and side yards, Rail can be added. 20’6” side walls with 29’ clear peak. Steel roof, wet sprinkler system, 1200 amp service 480 V 3 Phase. Offices on each end of building with restrooms. Concrete and steel construction. 6 dock doors and 2 drive in doors. Can be subdivided.

Last Agent to Rent the Property

Andy Doyle

Quad Cities Iowa Realty - Davenport License #S42125000/475.135212 Listed on: 10/10/2017

Quad Cities Iowa Realty - Davenport

Last Renter's Agent

Charlie Armstrong

NAI Ruhl Commercial Company License #S41067000/475.130998

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • Built in 1980

Lot Details

  • 5.1

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Partial Air Conditioning Available
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all
  • The owner pays for snow/lawn

Property Details

Property Type

Other

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 3.95
  • Lease Type: Net
  • Owner Pays: Snow/Lawn
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: 3 Years, 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1980
  • Handicap Modified: Unknown
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Reinforced Concrete
  • Maximum Ceiling Ht Feet: 29
  • Maximum Ceiling Ht Inch: 1
  • Min Ceiling Ht Feet: 20
  • Min Ceiling Ht Inches: 6
  • Other Access: Rail Serv Available
  • Total Building Sq Ft: 76800
  • Estimated Lot Sq Ft: 221000

Exterior Features

  • Exterior Finish: Concrete, Steel
  • Fenced: Yes
  • Frontage Access: Paved 2Lane, Inside Lot, City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Metal
  • Wall Construction: Block, Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 60

Utilities

  • Cooling: Individual Control, Partial
  • Heating: Forced Air, Gas, Individual Units
  • Sprinkler: Yes
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 5.1
  • Zoning: I1
  • Geo Subdivision: IL
  • Property Use: Distribution Warehouse, Manufacturing, Warehouse

Tax Info

  • Annual Taxes: 56208
  • Parcel Id Number Tax Id: 1629203001
  • Estimated Taxes Sq Ft: 0.73
  • Tax Incentive: In City Limit
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2017
Sold by
S & D Land Distribution Lc
Bought by
Murray Rock Island Property Ii
Current Estimated Value
$1,702,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1997
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Murray Rock Island Property Ii $1,225,000 Lane & Waterman Llp
-- $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Murray Rock Island Property Ii $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2018 07/01/18 Rented $540,000 0.0% --
04/16/2018 04/16/18 Under Contract -- -- --
10/10/2017 10/10/17 For Rent $540,000 -- --
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 $49,310 $534,405 $58,791 $475,614
2023 $49,310 $499,444 $54,945 $444,499
2022 $43,754 $460,741 $50,687 $410,054
2021 $43,738 $436,308 $47,999 $388,309
2020 $4,302 $425,252 $46,783 $378,469
2019 $43,169 $421,042 $46,320 $374,722
2018 $41,977 $416,050 $45,771 $370,279
2017 $58,018 $581,777 $44,918 $536,859
2016 $56,208 $578,883 $44,695 $534,188
2015 $55,598 $575,831 $44,459 $531,372
2014 $11,936 $563,435 $43,502 $519,933
2013 $11,936 $563,435 $43,502 $519,933
Source: Public Records

Agents Affiliated with this Home

  • Andy Doyle

    Landlord's Agent in 2018

    Andy Doyle

    Quad Cities Iowa Realty - Davenport

    (563) 332-6682

    27 Total Sales

    Andy Doyle
    Section Image
  • Charlie Armstrong

    Tenant's Agent in 2018

    Charlie Armstrong

    NAI Ruhl Commercial Company

    (563) 529-6600

    2 in this area

    44 Total Sales

    Charlie Armstrong
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7037875

RMLS Alliance

APN: 16-29-203-001

Iowa Rock Island County Rock Island 61201 Southwest Rock Island

7922 42nd St, Rock Island, IA

This home is located at 7922 42nd St, Rock Island, IA 61201 since 10 October 2017 and is currently priced at $1,702,343. This property was built in 1980. 7922 42nd St is a home located in Rock Island County with nearby schools including Rockridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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