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    1 News Plz Peoria, IL 61643

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    For Lease
    Contact for pricing

    11,000 sq ft office space with cafeteria and kitchen.

    Property size:
    60,000 SF
    Lot size:
    26.44 Acres

    Property Features for 1 News Plz

    General Information

    Size
    60,000 SF
    Lot size
    26.44 Acres

    Source: Maloof Commercial Agent Zac Maloof

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space with Multiple Features

    This property offers approximately 11,000 square feet of office space within a larger building of 60,000 square feet. The office space includes 9 private offices, a conference room, and a cafeteria/common area. Additionally, a full kitchen is available for common use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Journal Star Newspaper Publisher Pekin Daily Times Newspaper Publisher Times News-Reporter Newspaper Publisher

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5580263
    Latitude
    40.7253663

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    FAQs

    What type of property is this?
    Office space - 11,000 sq ft office space with cafeteria and kitchen.
    Where is this office space located?
    The property is located at 1 News Plz Peoria, IL.
    What are key features of this property?
    This property features: - 11,000± sq. ft. office space available; - Features 9 private offices; - Includes a conference room
    (309) 693-3000
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    1 News Plz Peoria, IL 61643
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    Peoria, IL 61643
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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
    1 News Plz Peoria, IL 61643
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