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    Orange Prairie Rd Peoria, IL 61615

    Sponsored
    For Sale
    Contact for pricing

    Prime Peoria Retail Land, 6.34 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.34-acre commercial land parcel, located at N Orange Prairie Rd in Peoria, Illinois (zip code 61615), presents a unique investment opportunity. The property is zoned C2, allowing for large-scale commercial development. Ideal for retail or office uses, this high-visibility site boasts excellent accessibility. The land is divided into three separately sellable lots: Lot 1 encompasses 3.45 acres, priced at $1,798,156 ($12 per square foot)

    Property Features for 0 Orange Prairie Rd

    General Information

    Property type
    Lifestyle centers
    Lot Size
    276,170 SF

    HighLights

    • Lot 1: 3.45 acres, $1,798,156 ($12/SF)
    • Lot 2: 1.30 acres, $679,536 ($12/SF)
    • Lot 3: 1.59 acres, $831,125 ($12/SF)
    • C2 zoning allows large‑scale commercial development
    • Ideal for retail or office use
    • High visibility and excellent accessibility
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.679282277547
    Latitude
    40.781190521724

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Peoria Retail Land, 6.34 Acres
    Where is this lifestyle center located?
    The property is located at Orange Prairie Rd Peoria, IL.
    What are key features of this property?
    This property features: Lot 1: 3.45 acres, $1,798,156 ($12/SF); Lot 2: 1.30 acres, $679,536 ($12/SF); Lot 3: 1.59 acres, $831,125 ($12/SF)
    Request Owner's contact information
    Orange Prairie 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
    Orange Prairie Rd Peoria, IL 61615
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