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$ 499,000
Est. payment /mo
Price Dropped by $50K
5420 Old River RD Moline, IL 61265
4.67 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID QC4244523
Annual Tax Amount $9,209
Tax Year 2022
Lot Size 4.670 Acres
Lot Dimensions Irregular
Property Sub-Type Land
Property Description
Approximately 4.67 acres of prime riverfront land positioned on the scenic bend of the Mississippi River in the Quad Cities. This highly visible site offers expansive river views and convenient access to I-74, providing strong regional connectivity throughout the Quad Cities. Located adjacent to The Bend redevelopment in East Moline, the area includes hotels, convention facilities, restaurants, retail, entertainment venues, and The Rust Belt complex. The property is also surrounded by parks, bike trails, marinas, and established riverfront amenities. The site is Illinois EPA certified clean and ready for redevelopment. Water and sewer utilities are already located on the property, reducing upfront infrastructure considerations. The City of Moline has approved TIF (Tax Increment Financing) for this parcel, offering potential economic incentives for qualified development. Zoned ORT (Office / Research Park / Technology), allowing flexibility for a variety of commercial uses. A rare opportunity to develop one of the most visually compelling riverfront sites in the region. Property is located within the floodplain.
Location
State IL
County Rock Island
Area Moline
Zoning ORT
Interior
Fireplace N
Exterior
Utilities Available None, Water Nearby
Building
Dwelling Type Land
Schools
School District 40 , 40, 40
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Shawn Langan of NAI Ruhl Commercial Company
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