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    4930 N Executive Dr Peoria, IL 61614

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    For Sale
    $449,000

    4,986 SF medical/office building for sale in central Peoria.

    Property size:
    4,986 SF
    Lot size:
    0.33 Acres

    Property Features for 4930 N Executive Dr

    General Information

    Size
    4,986 SF
    Lot size
    0.33 Acres

    Source: Joseph & Camper Commercial Agent Will Hayes

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

    Overview

    Medical/Office Building on Executive Drive

    A 4,986 square foot medical/office building is available for sale on Executive Drive in central Peoria. The building is configured as two separate units but can be converted back to a single-tenant space. Unit 1, previously an OB medical office, is ideally suited for another medical user. Its layout includes a large waiting room, reception area, six exam rooms with plumbing, two large private offices, one break room, two restrooms, and an open nurse station area. Unit 2 is currently occupied by a general office user on a short-term lease and features a reception area, four private offices, one conference room, and two restrooms. The property benefits from abundant parking. The building is located among numerous other medical users on Executive Drive, including Vitas Healthcare, Lisenby Physical Therapy, Merhab Surgical Arts, and Edge Counseling and Wellness. While the building is for sale, the owner is open to leasing.
    Insight Report Location Intelligence

    Current Use by Public Records

    Glen Avenue Family ... Medical Clinic Greater Peoria Obgyn ... Obstetrician-Gynecologist Ali Maqbool B ... Surgeon Ali Syed Masood ... Family Practice Physician Xie Yang MD Doctor

    Suggested Use

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

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

    Similar Places Nearby

    Whitney Cat Care Clinic, All Pets Veterinary Hospital, Borgeson Ronda J DVM

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6072254
    Latitude
    40.7479835

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    FAQs

    What type of property is this?
    Medical office - 4,986 SF medical/office building for sale in central Peoria.
    Where is this medical office located?
    The property is located at 4930 N Executive Dr Peoria, IL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - 4,986 SF medical/office building in central Peoria.; - Ideal for medical user: Unit 1 features 6 exam rooms with plumbing, perfect for a former OB medical office.; - Potential for single or multi-tenant use: Configured as two units, easily converted to suit your needs.
    (309) 643-0717
    Request Owner's contact information
    4930 N Executive Dr Peoria, IL 61614
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    Peoria, IL 61614
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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
    4930 N Executive Dr Peoria, IL 61614
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