7915 Rte Edwards, IL 61528
This exceptional 2.79-acre commercial land parcel presents a unique investment opportunity in Edwards, Illinois. Strategically located on Route 150, this property enjoys high visibility and convenient access, situated between the established Shoppes at Grand Prairie and Kickapoo. The C-2 zoning designation unlocks a diverse range of potential uses, including but not limited to agriculture-related businesses, commercial offices, restaurants, automotive services, child care facilities, and health clubs. The mostly flat terrain simplifies development, minimizing site preparation costs. The property benefits from a residential subdivision to the rear, providing a built-in customer base, and is further enhanced by the presence of other commercial developments along Route 150 to both the east and west. This prime location offers excellent potential for significant return on investment. The asking price is $129,900. The property's address is 7915 W Route 150, Edwards, IL 61528, located in Peoria County. The geographic coordinates are latitude 40.786421 and longitude -89.720001. This is a rare opportunity to acquire a well-positioned commercial lot with considerable development potential in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.