4110 Blackhawk RdRock Island, IL 61201

  • Commercial real estate
  • 5,260 SF

Property Details for 4110 Blackhawk Rd

Year built
1994
Lot size
1.01 AC
Property size (Sq ft)
5,260 SF
Zone code
RI
Property type
Commercial real estate
APN
17-18-109-005
APU
1718109005

Description

This exceptional 1,600 square foot retail space, located at 4110 Blackhawk Road in Rock Island, Illinois, presents a compelling investment opportunity. Currently configured as a former Subway restaurant, the property boasts an open floor plan with two restrooms, offering significant flexibility for a variety of retail uses. The building is part of a multi-tenant shopping center, and benefits from a highly visible location with a large sign, ensuring maximum exposure to the high volume of traffic on Blackhawk Road. This location is situated in the highest traffic county within the city of Rock Island, boasting the highest vehicle per day (VPD) count in the area, guaranteeing substantial foot traffic and visibility for your business. The property is offered under a triple net (NNN) lease with a remaining term of three years and currently has 55% occupancy. The single-building shopping center offers a prime opportunity for an investor seeking a strong return in a high-demand location. The property's size and configuration make it ideal for a variety of retail businesses, and its prime location ensures high visibility and accessibility. This is a rare chance to acquire a well-positioned retail space in a thriving area of Rock Island. The zip code is 61201.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,087,105
    Hospitality
    $995,782
    Educational
    $828,479
    Medical
    $856,972
    Retail
    $1,288,745

Location Insight

City
Rock Island
County
Rock Island
State
Illinois
Latitude
41.4676
Longitude
-90.5434
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,900
$52,621
$44,164
$96,785
-
$157,863
$132,492
$290,355

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