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Property profile

6204 Fauber Ln & S Maxwell Rd Peoria, IL 61607

OFF-MARKET
Land
2.97 ac lot

Property summary

AI-generated overview

This exceptional 2.97-acre parcel presents a unique investment opportunity in Peoria, Illinois. Strategically located at the southwest corner of South Maxwell Road and Fauber Lane, this property boasts high visibility due to its frontage along Maxwell Road. Its convenient location offers easy access to major transportation arteries, being approximately one mile from the Greater Peoria Airport and Interstate 474. The land is part of three parcels within the Liberty Industrial Park, totaling over three acres and suitable for mixed-use development. The property benefits from its location in an Enterprise Zone and is zoned I-2, Heavy Industrial, allowing for a wide range of commercial and industrial uses. Essential utilities, including electricity, water, and sewer, are readily available on-site. This property sits adjacent to established businesses such as Altorfer Power Systems and Walters Brothers Harley-Davidson, providing excellent synergy and potential for increased visibility. The availability of adjacent land for sale offers potential for expansion or consolidation. This is an exceptional opportunity to acquire a well-situated industrial property in a thriving area of Peoria, Illinois. The asking price is $174,000.

Property profile

Verified
Property type Land
Lot 2.97 ac (129,373 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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