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    Knoxville Ave & Alta Rd Peoria, IL 61615

    Sponsored
    For Sale
    Contact for pricing

    Four outlots, high visibility, strong traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional opportunity presents four commercial land parcels for sale in Peoria, Illinois, situated at the highly visible intersection of Knoxville Avenue and Alta Road (61615). The available lots range in size from 0.75 to 5.56 acres, offering flexibility for various development plans. Two lots boast frontage on Knoxville Avenue, while three offer Alta Road exposure. This thriving retail center, known as Knoxville Crossing, enjoys excellent traffic counts and high visibility, attracting a substantial customer base. The location benefits from its proximity to a dense residential area experiencing significant growth, ensuring a consistent stream of potential customers. Established businesses in the immediate vicinity include Great Clips, Verizon, C'est Ally Spa, OSF Urgo, Starcrest Cleaners, Walgreens, Better Banks, and Fresenius North, creating a strong and diverse commercial environment. The convenient access to Route 6 interchange further enhances the appeal and accessibility of this prime retail location. Lot E (5.56 acres) is located on Centerway Drive adjacent to Schnuck's. Lots F, G, and H (0.79, 0.75, and 0.76 acres respectively) are situated on Alta Drive, also adjacent to Schnuck's. This is an ideal investment for developers seeking to capitalize on a high-demand retail area with strong existing infrastructure and a robust customer base.

    Property Features for 0 Knoxville Ave & Alta Rd

    General Information

    Property type
    Land
    Lot Size
    32,670 SF

    HighLights

    • Multiple lots available, ranging from 0.75 to 5.56 acres.
    • Two lots offer frontage on N. Knoxville Avenue.
    • Three lots boast Alta Road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6129927
    Latitude
    40.8131147

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    FAQs

    What type of property is this?
    Land - Four outlots, high visibility, strong traffic.
    Where is this land located?
    The property is located at Knoxville Ave & Alta Rd Peoria, IL.
    What are key features of this property?
    This property features: Multiple lots available, ranging from 0.75 to 5.56 acres.; Two lots offer frontage on N. Knoxville Avenue.; Three lots boast Alta Road frontage.
    (309) 693-3000
    Request Owner's contact information
    Knoxville Ave & Alta Rd 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.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    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 & Alta Rd Peoria, IL 61615
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