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    W Alta Rd Peoria, IL 61615

    Sponsored
    For Sale
    $499,900

    LAND - Peoria, IL

    Lot size:
    1.29 Acres
    Days on Market:
    130
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for W Alta Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    09-29-352-015
    Lot size
    1.29 Acres

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Public

    Jim Maloof Realtor (309) 692-3900 [email protected]

    Listing agent Dale A Jorgenson

    Listing date Aug 29, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot in Peoria, IL

    This commercial lot, located in Peoria, Illinois, offers 1.29 acres of land zoned for commercial use. The property is available for sale and presents a build-to-suit opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.61744133
    Latitude
    40.81351785

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    FAQs

    What type of property is this?
    Commercial land - 1.29 acre commercial lot available for sale in Peoria.
    Where is this commercial land located?
    The property is located at W Alta Rd Peoria, IL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - 1.29 Acre Commercial Lot For Sale; - Build to Suit opportunity; - Natural Gas Available
    (309) 692-3900
    Request Owner's contact information
    W Alta Rd Peoria, IL 61615
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    Peoria, IL 61615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    W Alta Rd Peoria, IL 61615
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