0 Sanford St East Peoria, IL 61611
This exceptional 2-acre commercial and industrial land parcel presents a prime opportunity in East Peoria, Illinois. Located on Sanford Street, this perfectly level lot is ready for immediate development. Its strategic location offers unparalleled access to established infrastructure and a thriving industrial corridor. The property boasts convenient access to essential utilities, including sewer, electrical, and water supply lines already in place. Zoned M-3 Manufacturing, this site is ideally suited for a wide range of industrial uses. The property's proximity to Caterpillar's KK Facility across Sanford Street provides significant advantages for businesses seeking a location within a well-established industrial hub. The asking price is $299,900. This is a rare opportunity to acquire a build-ready lot in a high-demand area, offering significant potential for growth and return on investment. The property's size and zoning make it suitable for a variety of industrial projects, providing flexibility for potential buyers. The existing utilities significantly reduce development costs and timelines. This location in Tazewell County, Illinois, zip code 61611, offers easy access to major transportation routes, further enhancing its appeal. Don't miss this chance to secure this exceptional industrial land parcel.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.