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    Knoxville Ave Peoria, IL 61615

    Sponsored
    For Sale
    Contact for pricing

    Prime Peoria, IL commercial land, Schnuck's anchored.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional retail outlots available in Peoria, Illinois' thriving Knoxville Crossing shopping center. These prime commercial land parcels, ranging from 0.77 to 5.56 acres, offer unparalleled visibility and accessibility. Two lots boast desirable frontage on North Knoxville Avenue, while three others benefit from Alta Road exposure. The strategic location, just north of the Route 6 interchange, ensures high traffic counts and strong consumer demographics. This rapidly growing area is surrounded by dense residential neighborhoods, providing a substantial customer base. The center is anchored by a Schnuck's grocery store and complemented by a diverse mix of established businesses including Walgreens, McDonald's, Hucks, Great Clips, Potbelly Sandwich Shop, Verizon, and C'est Ally Spa. This presents a unique opportunity for businesses seeking high-traffic locations in a vibrant and expanding commercial district. The sale price is subject to the specific lot selected. Contact us today to learn more about these exceptional investment opportunities.

    Property Features for 0 Knoxville Ave

    General Information

    Property type
    Land
    Lot Size
    33,541 SF

    HighLights

    • Several outlots available, ranging from 0.76 to 5.56 acres.
    • Two lots offer North Knoxville Avenue frontage.
    • Three lots boast Alta Road frontage.
    • Price varies by lot size and location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6024938
    Latitude
    40.7699852

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    FAQs

    What type of property is this?
    Land - Prime Peoria, IL commercial land, Schnuck's anchored.
    Where is this land located?
    The property is located at Knoxville Ave Peoria, IL.
    What are key features of this property?
    This property features: Several outlots available, ranging from 0.76 to 5.56 acres.; Two lots offer North Knoxville Avenue frontage.; Three lots boast Alta Road frontage.
    (309) 693-3000
    Request Owner's contact information
    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
    Knoxville Ave Peoria, IL 61615
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