801 Knoxville Ave Peoria, IL 61636
This exceptional 14,020-square-foot medical office building in Peoria, Illinois, presents a compelling investment opportunity. Located at 801 N Knoxville Ave, 61636, this Class B property sits on a spacious 2.18-acre lot and offers ample parking with 60+ spaces. The building features a concrete block construction with a partial basement, providing substantial space for various medical uses. The layout includes multiple exam rooms and nurses' stations, designed to accommodate a range of medical practices. Convenient access is provided from both directions of N. Knoxville Avenue, along with secondary access from Trailcreek. The building boasts modern amenities such as automatic entry doors, a break room, and dedicated mechanical rooms. Currently vacant, this property is offered at $1,250,000, translating to a price per square foot of $89.16. The lease type is NNN. This presents a unique chance to acquire a well-situated, versatile medical facility in a thriving Peoria location. The property's size, parking availability, and convenient access make it an ideal investment for medical professionals or investors seeking a strong return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty 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.