Listing Agency: Maloof Commercial d***@maloofcom.com Show Phone

Listed By: Dave Maloof · License ##471.000701

Source: Moodyscre

Added: Aug 25, 2023 Changed: Aug 9 Last Checked: Aug 20 at 1:09PM

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Investment Insights

Based on property information with market context.

This 12.4± acre parcel is located in North Peoria, situated between the intersections of Orange Prairie & War Memorial Drive (Rt. 150) and N. Grand Prairie Drive & War Memorial Drive (Rt. 150). The property benefits from unencumbered visibility and an excellent location for development. Access to IL Rt. 6, IL Rt. 91, and I-474 / I-74 is less than a mile away. The location is directly across from the Shoppes at Grand Prairie, an open-air shopping center featuring a variety of retail, office, restaurant, and hospitality establishments. Nearby businesses include CEFCU, Great Escape, Home Depot, DSW, Old Chicago, HyVee, Dick's, and many more. The property currently has access from Rt. 150 under A-1 zoning. If rezoned, access to Orange Prairie and/or Landens Way may be available. The property is located in Peoria County.

Key Highlights

• 12.4± acres with unencumbered visibility
• Excellent location for development
• Located directly across from the Shoppes at Grand Prairie

Property Analytics

Property Profile

Current Use

Rainbow Heliport-7B1 Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

378

Businesses Nearby

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Frequently Asked Questions

What type of property is this?

Land - 12.4± acres with excellent development potential in North Peoria.

Where is this land located?

The property is located at 5400 W War Memorial Dr Peoria, IL.

What is the asking price?

The asking price for this property is $1,499,000.

What are key features of this property?

This property features: 12.4± acres with unencumbered visibility; Excellent location for development; Located directly across from the Shoppes at Grand Prairie