5420 Old Riv RdMoline, IL 61265

Property Details for 5420 Old Riv Rd

Lot size

4.67 AC

Property size (Sq ft)

203,418 SF

Property type

Land

Description

This exceptional 4.67-acre commercial land parcel, located at 5420 Old River Road in Moline, Illinois (zip code 61265), presents a unique investment opportunity. Boasting a substantial 203,418 square feet, this property enjoys a prime riverfront position along the Mississippi River. The City of Moline has recently approved Tax Increment Financing (TIF) for this site, making it an attractive prospect for developers. Surrounded by numerous amenities, including parks, trails, and marinas, the location offers excellent accessibility and appeal. Its proximity to Interstate 74 ensures convenient connectivity throughout the Quad Cities region, and its closeness to significant developments in East Moline, such as The Bend and the Rust Belt Complex (featuring a hotel, convention center, venue, and various retail options), further enhances its value. The property is zoned ORT (Office/Research/Park/Tech), providing flexibility for a range of commercial uses. The APN is 08-26-303-001. It's important to note that this property is situated within a floodplain. This offering presents a compelling chance to capitalize on the growth and development within the Quad Cities area. The asking price is $699,000.

Location Insight

City

Moline

County

Rock Island

State

Illinois

Latitude

41.5167

Longitude

-90.4618

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