Knoxville Ave & Alta Rd Peoria, IL 61615
- Land
- 0.75 lot acres
Current Use by Public Records
- Land
Property Details for 0 Knoxville Ave & Alta Rd
- Lot size
- 0.75 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.613
- Latitude
- 40.8131
