4661 44Th StRock Island, IL 61210

Property Details for 4661 44Th St

Year built

1998

Construction

STEEL FRAME

Property size (Sq ft)

4,500 SF

Zone code

RI

Property type

Office properties

APN

17-18-117-009

APU

1718117009

Description

This exceptional single-tenant retail property, located at 4661 44th Street in Rock Island, Illinois, 61210, presents a unique investment opportunity. The property boasts a total of 4,576 square feet, strategically divided into 3,576 square feet of prime retail space and 1,000 square feet of versatile warehouse space, perfectly suited for various business needs. Situated within the Rock Valley Center Condos, this building offers convenient access and ample parking with 40 spaces available. The property features one convenient overhead door for easy loading and unloading, significantly enhancing operational efficiency. The building's energy-efficient geothermal HVAC system ensures comfortable temperatures year-round, minimizing operating costs. The property is zoned B-4, providing flexibility for a range of commercial uses. The APN is 17-18-117-009. This single-building property offers a streamlined ownership experience with a single suite. This is an excellent opportunity to acquire a well-located, functional, and energy-efficient commercial property in a thriving area. The combination of retail and warehouse space makes this property highly adaptable to a variety of businesses. Don't miss this chance to own a piece of Rock Island's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $812,528

  6.5%

  $750,026

  7%

  $696,453

• Comparable approach

  Method

  Valuation

  Relative Method

  $456,854

  Geo Method

  $586,125

• Alternative Use

  Use

  Valuation

  Residential

  $930,032

  Hospitality

  $851,905

  Educational

  $708,775

  Medical

  $733,151

  Retail

  $1,102,538

Location Insight

City

Rock Island

County

Rock Island

State

Illinois

Latitude

41.4675

Longitude

-90.5405

CBSA code

19340

CBSA name

DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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