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Property profile & analytics
OFF-MARKET
Land

3 Northmoor Rd Peoria, IL 61614

Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at Lot 3 W NORTHMOOR Road, Peoria, IL 61614, presents a unique investment opportunity. Encompassing 2-6 acres of developable land, this property boasts a highly desirable location on Northmoor Avenue, a road with significant traffic volume. Its strategic placement between two schools and at the entrance to an event center ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The property's address is Lot 3 W NORTHMOOR Road, Peoria, Peoria County, Illinois. The asking price for this prime commercial land is $900,000. Given its size, location, and high traffic count, this property offers significant potential for substantial return on investment. The latitude and longitude coordinates are 40.7615876 and -89.6142435 respectively. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area of Peoria, Illinois. The property is zoned for commercial use (further zoning verification is recommended). Act quickly to secure this prime development site.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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