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    8727-8903 Knoxville Ave Peoria, IL 61615

    For Lease
    $13 SF/Yr

    Retail space available in Peoria's growing residential area.

    Property size:
    34,177 SF
    Lot size:
    3.62 Acres

    Property Features for 8727-8903 Knoxville Ave

    General Information

    Size
    34,177 SF
    Lot size
    3.62 Acres

    Source: Joseph & Camper Commercial Agent Brad Joseph

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

    Overview

    Retail Space in Northpoint Center

    Northpoint Shopping Center offers retail space within a 156,000 square foot neighborhood shopping center located along Knoxville Avenue in Peoria's primary residential growth area. The center benefits from two fully signalized intersections and sees approximately 19,500 cars per day on Knoxville Avenue. Anchor tenants include Ashley Furniture, Big Lots, and Ace Hardware.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Northpoint Shopping Plaza Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6086209
    Latitude
    40.7939694

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Peoria's growing residential area.
    Where is this shopping center located?
    The property is located at 8727-8903 Knoxville Ave Peoria, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Located in Peoria’s #1 residential growth area.; - Anchor tenants include Ashley Furniture, Big Lots, Ace Hardware and more.; - 156,000 square foot neighborhood shopping center.
    (309) 643-0717
    Request Owner's contact information
    8727-8903 Knoxville Ave 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
    8727-8903 Knoxville Ave Peoria, IL 61615
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