For Sale
$615,000

3908 14Th St Moline, IL 61265

High-yield warehouse, 9,000 sq ft, two buildings.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 9,000-square-foot warehouse complex situated on a 0.61-acre lot in Moline, Illinois. The property, zoned C, comprises two single-story buildings offering 64 non-climate-controlled units. Unit sizes range from 5x10 to 10x30, catering to diverse storage needs. Currently boasting a 98% occupancy rate, this property presents significant income potential. Market rent analysis indicates a potential rent increase exceeding $350 per month, further enhancing the return on investment. The asking price is $615,000, translating to $68.33 per square foot. This represents a compelling investment with a current capitalization rate of 7.5%. The property's central location in Moline, within Rock Island County (zip code 61265), ensures convenient access and strong tenant demand. This is an ideal acquisition for investors seeking a stable, high-performing asset with substantial upside potential.

Property Details for 3908 14Th St

Property type
Warehouses, Industrial properties
Square Feet
9,000 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Moline
County
Rock Island
State
Illinois
Latitude
41.471121945809
Longitude
-90.515194758609

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FAQs

What type of property is this?
Warehouse - High-yield warehouse, 9,000 sq ft, two buildings.
Where is the warehouse located?
The property is located at 3908 14Th St Moline, IL.
What is the asking price?
The asking price for this property is $615,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Alix Holliday
Alix Holliday
Visit Broker Website

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Useful Information

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14Th St
Moline, IL 61265

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14Th St
Moline, IL 61265

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3908 14Th St
  • Alix Holliday
    Alix Holliday
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