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Property profile & analytics
OFF-MARKET
Office Spaces

801 Knoxville Ave Peoria, IL 61636

14,020 SF 2.18 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 14,020 SF
Lot 2.18 ac (94,961 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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