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    OFF-MARKET
    Land

    0 Eastgate Dr, East Peoria, IL 61571

    0.94 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.94-acre commercial land parcel presents a unique development opportunity in Washington, Illinois. Located on Eastgate Drive, this property boasts a highly desirable B-2 zoning classification, allowing for a wide range of commercial uses. The expansive lot size provides ample space for various projects, from small-scale retail establishments to larger-scale commercial ventures. Its strategic location offers convenient access to major transportation routes and a thriving local community. The property is ready for immediate development, eliminating lengthy permitting processes and allowing for a swift start to your project. With its ideal zoning, ample space, and prime location, this land parcel represents a compelling investment opportunity for discerning developers and entrepreneurs seeking to establish a presence in a dynamic and growing market. The asking price is $163,785. The property is situated in Tazewell County, Illinois, with a 61571 zip code. The address is listed as EASTGATE Drive, Washington, IL. This is a remarkable chance to acquire a highly sought-after commercial property in a vibrant Illinois community.

    Property profile
    Verified
    Property type Land
    Lot 0.94 ac (40,946 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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