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    8817 Knoxville Ave Peoria, IL 61615

    Sponsored
    For Sale
    Contact for pricing

    Prime Peoria location, build-to-suit lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Two outparcel lots are available for sale within the Northpoint Shopping Center, a thriving 156,000 square foot neighborhood shopping center situated on Knoxville Avenue in Peoria, Illinois. This high-traffic location, in Peoria's number one residential growth area, boasts exceptional visibility and accessibility. The property is zoned C2, allowing for a variety of commercial uses. Each lot ranges from one to 1.32 acres, providing ample space for development. The site benefits from two fully signalized intersections, ensuring convenient access for customers and employees. Knoxville Avenue experiences a significant daily traffic volume of 19,500 cars, guaranteeing substantial exposure for any business established here. The address is 8817 Knoxville Ave, Peoria, IL 61615. This presents a unique opportunity for businesses seeking a prime location in a rapidly growing area with high visibility and excellent traffic counts. The build-to-suit option allows for customized development to meet specific business needs. This is an exceptional opportunity to establish a presence in a successful and established shopping center.

    Property Features for 8817 Knoxville Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Land parcel for sale in Peoria, IL, zoned C2.
    • Lot size ranges from 1 to 1.32 acres.
    • Located at 8817 Knoxville Ave, Peoria, IL 61615, within the Northpoint Shopping Center.
    • Two outparcels available for build‑to‑suit development.
    • High traffic location with 19,500 cars daily on Knoxville Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.607542510562
    Latitude
    40.792911183404

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    FAQs

    What type of property is this?
    Land - Prime Peoria location, build-to-suit lots.
    Where is this land located?
    The property is located at 8817 Knoxville Ave Peoria, IL.
    What are key features of this property?
    This property features: Land parcel for sale in Peoria, IL, zoned C2.; Lot size ranges from 1 to 1.32 acres.; Located at 8817 Knoxville Ave, Peoria, IL 61615, within the Northpoint Shopping Center.
    (309) 692-1135
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    8817 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
    8817 Knoxville Ave Peoria, IL 61615
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