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    8924 Prairie Pt Peoria, IL 61615

    Sponsored
    For Lease
    Contact for pricing

    Peoria, IL: Prime Flex/Warehouse Opportunity

    Lot size:
    9,075 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional build-to-suit opportunity in Peoria, Illinois, presents a unique chance to develop a custom flex or warehouse space tailored to your specific needs. Located at 8924 N Prairie Point, this 0.91-acre site in Peoria County is zoned I1 and offers the flexibility to create a building ranging from 6,000 to 9,075 square feet. The property is classified as Class B and features single-tenant occupancy. Adjacent buildings provide a clear example of the potential design, showcasing a successful blend of office and warehouse space. The proposed building will incorporate high-quality standard finishes, including 16' x 12' overhead doors, 14.5' ceilings, and three-phase electrical power, ensuring a functional and efficient workspace. This prime location in Peoria, IL (zip code 61615) offers excellent access to transportation and logistical networks, making it an ideal choice for businesses seeking a strategic location for their operations. The property's flexible design and high-quality specifications make it an attractive option for a wide range of industrial and commercial users. This build-to-suit project allows for complete customization, ensuring the final product perfectly aligns with your business requirements. Don't miss this opportunity to create a state-of-the-art facility in a desirable Peoria location.

    Property Features for 8924 Prairie Pt

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,075 SF
    Class
    B

    Unit(s) available at that property

    Space
    Size
    9,075 SF

    HighLights

    • Build‑to‑suit opportunity in Peoria, IL, on a 0.91‑acre lot.
    • 0.91‑acre site zoned I1 in Peoria County (61615).
    • Flexible design allowing for 6,000‑9,075 SF building.
    • Class B property with single‑tenant occupancy.
    • High‑quality finishes including 16' x 12' overhead doors, 14.5' ceilings, and three‑phase power.
    • Excellent access to transportation and logistics networks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.629484362847
    Latitude
    40.796678863076

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    FAQs

    What type of property is this?
    Distribution property - Peoria, IL: Prime Flex/Warehouse Opportunity
    Where is this distribution property located?
    The property is located at 8924 Prairie Pt Peoria, IL.
    What are key features of this property?
    This property features: Build-to-suit opportunity in Peoria, IL, on a 0.91-acre lot.; 0.91-acre site zoned I1 in Peoria County (61615).; Flexible design allowing for 6,000-9,075 SF building.
    Request Owner's contact information
    8924 Prairie Pt 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
    8924 Prairie Pt Peoria, IL 61615
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