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    9123 Radnor Rd Peoria, IL 61615

    Sponsored
    For Sale
    $999,800

    Commercial building, ranch home, outbuilding, 16 acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Peoria, IL property offers a unique investment opportunity encompassing 16.15 acres (11.21 acres commercial, 4.94 acres residential). The main commercial building, previously a dog kennel, retains much of its original equipment and presents versatile redevelopment potential. The property includes a substantial 40' x 30' outbuilding with its own electrical panel, adding significant storage or workspace capacity. The sale also includes a charming ranch-style home situated on its own 4.94-acre parcel. The combined property taxes reflect both parcels. This expansive site, located at 9123 N Radnor Road, Peoria, IL 61615, offers numerous possibilities for entrepreneurs and investors seeking a large-scale commercial venture with residential amenities. The property's zoning and permitted uses should be independently verified. The asking price for this remarkable property is $999,800.

    Property Features for 9123 Radnor Rd

    General Information

    Property type
    Distribution properties

    HighLights

    • 16.15‑acre Peoria, IL property with 11.21 acres of commercial and 4.94 acres of residential land.
    • Former dog kennel with existing equipment, offering versatile redevelopment potential.
    • Includes a 40' x 30' outbuilding with separate electrical panel.
    • Features a ranch‑style home on a 4.94‑acre lot.
    • Located at 9123 N Radnor Road, Peoria, IL 61615, priced at $999,800.
    Property Profile Location Intelligence

    Current Use by Public Records

    Greater Peoria Pet ... Pet Boarding Service

    Suggested Use

    Spa & Massage Dental Office Wholesale Shop Pharmacy Food Market Grocery Store Electronics Store Coworking Space Optical Shop Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6546827
    Latitude
    40.7992158

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    FAQs

    What type of property is this?
    Distribution property - Commercial building, ranch home, outbuilding, 16 acres
    Where is this distribution property located?
    The property is located at 9123 Radnor Rd Peoria, IL.
    What is the asking price?
    The asking price for this property is $999,800.
    What are key features of this property?
    This property features: 16.15-acre Peoria, IL property with 11.21 acres of commercial and 4.94 acres of residential land.; Former dog kennel with existing equipment, offering versatile redevelopment potential.; Includes a 40' x 30' outbuilding with separate electrical panel.
    Request Owner's contact information
    9123 Radnor Rd Peoria, IL 61615
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    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
    9123 Radnor Rd Peoria, IL 61615
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