4200 Sterling Ave, Peoria, IL 61615-3836
This exceptional 2.76-acre parcel, located at 4200 N Sterling Ave in Peoria, Illinois, presents a prime opportunity for retail development. The property is zoned for commercial use and offers significant potential for a single-tenant building. With its expansive lot size, this site provides ample space for a substantial retail structure, ample parking, and attractive landscaping. The address is conveniently situated within Peoria County, offering easy access to major roadways and a strong customer base. The property is currently available for lease, making it an ideal investment for businesses seeking a high-visibility location with significant growth potential. Utilities are available to the site, and the property is ready for immediate development. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a large, well-located parcel in a thriving commercial area. Serious inquiries only. The property is designated as retail and land, offering flexibility for various retail concepts. The single-tenant aspect ensures a streamlined leasing process and potential for long-term stability. Don't miss this chance to secure a prominent location in Peoria's dynamic commercial landscape. Contact us today to learn more about this exceptional opportunity. The zip code is 61613.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.